expectation interest
- Expectation interest refers to the right a person has when another party breaks a contract, where they hope to be placed in a position as though the agreement had been fulfilled properly
- The investor claimed an expectation interest after the breach of contract, arguing that they should be compensated for the lost profits they would have made had the agreement been honored.
- When the contract was not performed as agreed, the plaintiff sought to protect their expectation interest and recover the goods they were promised in the deal.
- In the case of contract violation, an expectation interest puts the aggrieved party in a financial position identical to the one they would have been in if the contract had been performed as per the agreement.
Provide Feedback
