Howard hires College Painters, Inc. to paint his house. Under the contract that they sign, the company will paint the house white with blue trim and Howard will pay the company $10,000. One week before the job is supposed to begin, the company calls Howard and tells him that, in light of certain economic realities, they will not be able to paint the house for less than $15,000. Howard then finds another painter who agrees to paint his house for $10,000. When College Painters arrives to begin painting Howard's house, Howard informs them that he has hired someone else to paint the house. The company sues Howard for breach of contract. They will:

Howard hires College Painters, Inc. to paint his house. Under the contract that they sign, the company will paint the house white with blue trim and Howard will pay the company $10,000. One week before the job is supposed to begin, the company calls Howard and tells him that, in light of certain economic realities, they might not be able to paint the house for less than $15,000. Howard then finds another painter who agrees to paint his house for $10,000. When College Painters arrives to begin painting Howard's house, Howard informs them that he has hired someone else to paint the house. The company sues Howard for breach of contract. They will:

Howard hires College Painters, Inc. to paint his house. Under the contract that they sign, the company will paint the house white with blue trim and Howard will pay the company $10,000. One week before the job is supposed to begin, Howard calls the company and tells them that he no longer wants to paint his house. The company receives another offer to paint a house for $5,000 but they decide they would rather sue Howard for the $10,000 contract price than work on another house. If the company sues Howard for breach of contract and wins, they will recover: