Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Which of the following is true with regard to remedies for breach of contract? 0 The victim of a breach can recover damages that he

image text in transcribed

image text in transcribed
Which of the following is true with regard to remedies for breach of contract? 0 The victim of a breach can recover damages that he could have avoided if he had tried to mitigate his loss. Q If the seller has committed a \"fundamental breach" of the contract, an exemption clause absolves the seller from liability. O A person who breaches a contract is liable for all the foreseeable loss that directly and naturally flows from the breach. 0 Damages are awarded by the court to a person who has suffered loss because of a breach of an essential term of the contract, but they are not awarded for a breach of an non-essential term. i.e.. a warranty. 0 Non est factum is an equitable remedy forcing a person to comply with the terms of the contract. he s

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

Legal Environment Of Business Online Commerce Ethics And Global Issues

Authors: Henry R. Cheeseman

8th Edition

013397331X, 978-0133973310

More Books

Students also viewed these Law questions