Account for profit: Difference between revisions

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	{{a\|contract\|~~<br>~~{{small\|80}}{{loss v damages}}</div>}}What an [[agent]] must do if it profits (without permission) with its [[principal]]’s property; what a thief (or breacher of [[copyright]]) must do to its victim with the ill-gotten gains of its misfeasance. Importantly, ''not'' what a [[breach of contract\|breacher of contract]] must do to an innocent [[counterparty]]: there the measure of compensation is the innocent party’s [[loss]].		{{a\|contract\|{{subtable\|{{small\|80}}{{loss v damages}}</div>}}}}What an [[agent]] must do if it profits (without permission) with its [[principal]]’s property; what a thief (or breacher of [[copyright]]) must do to its victim with the ill-gotten gains of its misfeasance. Importantly, ''not'' what a [[breach of contract\|breacher of contract]] must do to an innocent [[counterparty]]: there the measure of compensation is the innocent party’s [[loss]].

	[[Account for profits]] is a common law remedy for misuse of another’s property. It is not a remedy for [[breach of contract]].		[[Account for profits]] is a common law remedy for misuse of another’s property. It is not a remedy for [[breach of contract]].