Question
Which of the following is true with regard to remedies for breach of contract? Question 59 options: 1) the victim of a breach is able
Which of the following is true with regard to remedies for breach of contract? Question 59 options:
1) the victim of a breach is able to recover the damages that she could have avoided if she had tried to mitigate her loss.
2) quantum meruit is an equitable remedy forcing a person to comply with the terms of the contract.
3) a person who breaches a contract is liable for all foreseeable and unforeseeable losses that flow directly or indirectly from the breach.
4) both rescission and damages can be awarded by the court for a breach of a condition which is an important term in the contract.
5) when a contract is repudiated before performance is due, the victim must wait until the time of performance before taking any action.
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