Jane, a freelance graphic designer, enters into a verbal agreement with TechStart, a new startup, to design their company logo. Based on this agreement, Jane purchases specialized software and hires an assistant, incurring significant expenses. Before the project is completed, TechStart shuts down without compensating Jane. What remedy is Jane most likely entitled to seek?
Specific performance to compel TechStart to complete the payment.
Reliance damages to cover her incurred expenses and investments.
Expectation damages to cover the profit she anticipated from the project.
Liquidated damages as stipulated in the verbal agreement.
Jane is entitled to reliance damages, which compensate her for expenses and investments made based on the agreement, aiming to restore her to the position she was in before the contract.
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