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0 tracked cards Contracts

A new fitness studio sued a contractor for late completion and sought $500,000 in lost profits. The studio had never operated before, had no signed memberships, and relied only on the owner's optimistic projection. The contractor admits breach but disputes lost profits.
Which statement is most accurate?

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Lost profits are measured by the plaintiff's gross revenue without expenses. Lost profits are available only under UCC Article 2. Lost profits must be proven with reasonable certainty and are not recoverable if they are too speculative. Lost profits are recoverable whenever the plaintiff claims them in good faith.

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