Question

Theatrical Supplies Company contracts to sell to United Costumes & Uniforms, Inc., seven hundred plastic masks at $1 each to be delivered by October 1. Theatrical knows that United will use the masks to make Halloween costumes. United usually makes $7,000 profit from the costumes' sale. Theatrical fails to deliver on October 1. United attempts to buy substitute masks, but must pay $1.20 for each and take delivery on October 15, cutting United's sales in half. United sues Theatrical. What is the measure of recovery?

Answer

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