Question 7 2 pts In which of the following situations is restitution available as a remedy? For a party in default As an alternative remedy for a party injured by breach O ALL of the answers are correct For a party who may not enforce the contract because of the statute of frauds Question 8 2 pts A small money amount awarded for a breach of contract which is given without regard to the actual amount of loss is known as: reliance damages compensatory damages O nominal damages O punitive damages