When choosing which damages remedy to seek in a breach of contract lawsuit, the plaintiff will most likely

a) choose reliance damages

b) choose expectation damages

c) choose restitution damages

d) choose the remedy with the highest amount of money damages

In deciding whether or not to settle a lawsuit, a defendant who is risk averse

a) will always settle the lawsuit instead of going to trial

b) will never settle the lawsuit instead of going to trial

c) will only settle the lawsuit for a small amount of money

d) will settle the case for more than the expected value if it goes to trial.

In a radio news story about cold weather construction, a construction company spokesman said that his company did not like to shut down in the freezing weather, because they might get behind schedule.The contract with the owners of the building under construction stated that if the agreed-upon schedule was not met, there would be a $4,000 a day penalty paid by the construction company to the owners.This penalty rate, which was written in the contract, is called:

a) restitution damages

b) reliance damages

c) expectation damages

d) liquidated damages

e) specific performance