What are the standards set by the courts that the plaintiff-buyer must meet in order to recoup lost profits when a seller has breached a contract?

What will be an ideal response?

The courts have set out three standards that the plaintiff-buyer must meet in order to recoup lost profits: a) The plaintiff-buyer must show that it was reasonably foreseen by the defendant-seller that if it did not deliver the promised goods, the buyer would have no alternative source and, thus, would lose profits; b) The plaintiff-buyer must show the amount of the damages with reasonable certainty; the buyer cannot just speculate about what this amount is; and c) the plaintiff-buyer must show that it did everything possible to mitigate the damage—that is, it looked for other possible sources of the goods.