What is your advice to wunder

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Reference no: EM133611477

Assignment:

Groves owned some rocky land that wasn't suitable for very much. He signed a contract with a gravel company named Wunder to lease the land (for $105,000), remove gravel, and regrade the land so it was flat and level (and then useable for houses or farming). Wunder paid the money and took the gravel, but did not level the land. Groves sued for breach of contract. Wunder breached the contract on purpose because they calculated it was too expensive to level the land. The land, if improved would be worth only $12,000 more than was before the contract, while it would cost $60,000 to level the land. What is your advice to Wunder? Should he offer $12,000, or offer more to settle the case, or got to trial and try to hold his damages to $12,000, the diminution in value?

Reference no: EM133611477

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