TRUE or FALSE, why?
On August 23, 2015, Maytag had a contract to sell 15 washing machines for $700 each to Lakewood Apartment Managers. Lakewood breaches the contract and refuses to take the washing machines or to pay for them. Maytag then resells them to Squeaky Clean for $700. Maytag sued Lakewood on June 1, 2020. Maytag will not be able to recover lost profits in a breach of sales contract.

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