Question types

Start with

Question limit

of 12 available terms

Advertisement Upgrade to remove ads
Print test

4 Written questions

4 Multiple choice questions

  1. compensate for losses that occur as a consequence of contract.
  2. The normal measure of compensatory damage is not appropriate in every case.

    When it is not appropriate, a court may use an alternative measure of damages.
  3. A person who has been injured by a breach of contract is entitled to recover compensatory damages

    Normally, compensatory damages include 1 or more of three possible items:

    1)Loss in value

    2)Allowable consequential damages

    3)Any allowable incidentals
  4. An injured parties ability to recover damages in a contract action is limited by three principles

4 True/False questions

  1. Legal Remedies (damages) three principlesA party can recover damages only for those losses that they can prove with reasonable certainty. losses that are purely speculative recoverable

    A breaching party is responsible for paying only those losses that were foreseeable to him at the time of contracting.

    Plaintiff injured by a breach of contract have the duty to mitigate (avoid or minimize) damages.


  2. Punitive Damagesawarded in addition to the compensatory remedy that are designed to punish a defendant for particularly reprehensible behavior and to deter the defendant and others from commenting similar damages.


  3. Equitable RemediesIn exceptional cases in which money damages alone are not adequate to fully compensate for a party's injuries, a court may grant an Equitable Remedy either alone or in combination with a legal remedy.


  4. Loss in ValueThe starting point in calculating compensatory damages is to determine the loss in value of the performance that the plaintiff had the right to expect.


Create Set