Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Compensatory damages in a contract action a.are designed to put the non-breaching party in the same position he/she would have been in had the contract

Compensatory damages in a contract action

a.are designed to put the non-breaching party in the same position he/she would have been in had the contract been fully performed.

b.are the same as punitive damages.

c.cannot be awarded for the breach of real estate contract.

d.is an example of an equitable remedy. 43.The measure of damages in an action brought for the breach of contract for the sale of goods will be

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Financial Accounting An International Introduction

Authors: David Alexander, Prof Christopher Nobes, Chris W. Nobes

4th Edition

027372164X, 978-0273721642

More Books

Students also viewed these Accounting questions