BENEFIT-OF-THE-BARGAIN RULEbenefit-of-the-bargain rule.
1. The principle that a party who breaches a contract must pay the aggrieved party an amount that puts that person in the same financial position that would have resulted if the contract had been fully performed. [Cases: Damages 117.]
2. The principle that a defrauded buyer may recover from the seller as damages the difference between the value of the property as represented and the actual value received. ¡ª Also termed benefit-of-bargain rule. Cf. OUT-OF-POCKET RULE. [Cases: Fraud 59(2).]
How do bilingual lawyers in China usually translate the term BENEFIT-OF-THE-BARGAIN RULE?