value rule

value rule
A rule of damages applied in an action for breach of contract by a contractor-builder, that the owner is entitled to recover the difference in value between the building as constructed and as it should have been constructed. Shell v Schmidt, 164 Cal App 2d 350, 330 P2d 817, 76 ALR2d 792, cert den 359 US 959, 3 L Ed 2d 766, 79 S Ct 799.

Ballentine's law dictionary. . 1998.

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