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All money and interest is not enough. If sign a contract that you will provide me a service and you back out of it midway, I'm usually worse off than if you ha
by underdeserver 6y ago
All money and interest is not enough.
If sign a contract that you will provide me a service and you back out of it midway, I'm usually worse off than if you had declined the engagement in advance. For example, if I contract you to build me a house, it takes six months, and three months in you decide to back out and pay me back with interest, I still have half a house I need to demolish or else I have to find someone who would continue your work (which I likely won't find), and I'm out 3 months' rent.
I would expect additional compensation.
- DarkWiiPlayer 6y agoThis doesn't transfer well into this example though. You could argue that if you lose a library of 100+ books you also lose information on what those books even where, but a better solution for that would be to just demand some machine-generated list of what you had so you can buy them again somewhere else.
- underdeserver 6y agoThere's other lost value. What if a book is out of print or out of publishing? What if you had comments? What if you had bookmarks? What if you brought your Kindle on a two-month-long hiking trip to South America and they don't sell them over there?
- learnstats2 6y agoI'm doubtful that you would get additional compensation in your hypothetical example. You're not worse off if you didn't spend anything and you are half-way towards your goal of having a house.
- Qwertious 6y ago"You're not worse off if you didn't spend anything and you are half-way towards your goal of having a house. " Contractors hate taking over someone elses' half-done work, as they now have to deal with someone else's shortcuts without knowing what they are.
- underdeserver 6y ago100% I would. It's pretty easy to show damages, and I would take the contractor to court. Also, I believe these contracts have breakout clauses that define exactly how much I would get, too. (This goes both ways, of course - if I back off the deal and have the contractor stop all work, I usually have to pay in full anyway.)
- gruez 6y agoSeems like it would fall under https://en.wikipedia.org/wiki/Estoppel https://en.wikipedia.org/wiki/Estoppel ?