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#contract #law #remedies
However, the courts will not award expectation damages if they are highly speculative; instead the claimant will be limited to his reliance loss. In McRae v Commonwealth Disposals Commission (1951) 84 CLR 377 the speculative nature of the salvage expedition made it impossible for the claimants to quantify their expectations with any degree of precision. The court confined the claimants to the recovery of their expenses incurred in mounting the salvage expedition, i.e. their reliance losses.
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