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Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA LW Exams › Vanguard
Hi Mr Mike…
What did the court decide about the Vanfuard case?
Did the customer have to pay profit or the cost incurred in order to sell another Vanguard?
Thank you.
Because the supply of Vanguard cars exceeded demand, Robinson had lost a profit and could therefore recover that profit from Thompson
OK?
So they sold the car to another customer and received the money from him ,which gives them the same profit if they had sold the car to him.
Yes, but it took them 3 months to re-sell that car – that was clearly a lost profit for them