Question

Food Court Inc. Leases space to Gourmet Café. Gourmet abandons the premises when the amount of the rent due on the lease is $5,000. Food finds a new tenant, Hasty Bowls, which agrees to pay $3,500 for the space over the remainder of Gourmet’s term. Food’s measure of damages is

Answer 1

Food’s measure of damages is $1500.

What are the measures of damages?

A method of calculating damages to be paid to an affected person is called measurement of damages. In this case; food court Inc is the victim who requires measures of damages.

Calculations:

Food court Inc provides space to Gourmet cafe on lease.

The rent due on the lease when Gourmet cafe leaves the premises is $5000

Hasty bowls, a new person agreed to pay for the space on lease is $3500

$\rm{Measure \;of \;damage} = \ 5,000 -\ 3500\\ = \ 1500$

Learn more about measures of damages refers to:

https://brainly.com/question/13533873

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