Deck 10: Remedies in Contract Law
Question
Question
Question
Question
Question
Question
Question
Question
Question
Question
Question
Question
Question
Question
Question
Question
Question
Question
Question
Question
Question
Match between columns
Unlock Deck
Sign up to unlock the cards in this deck!
Unlock Deck
Unlock Deck
1/21
Play
Full screen (f)
Deck 10: Remedies in Contract Law
1
A liquidated damages clause cannot be
A)punitive.
B)certain.
C)agreed to.
D)legal.
A)punitive.
B)certain.
C)agreed to.
D)legal.
A
2
Legal damages are defined as which of the following?
A)Monetary
B)Nonmonetary
C)Equitable
D)Punishment
A)Monetary
B)Nonmonetary
C)Equitable
D)Punishment
A
3
The equitable remedy of specific performance will not be awarded in
A)law.
B)assignment.
C)sales contracts.
D)personal service contracts.
A)law.
B)assignment.
C)sales contracts.
D)personal service contracts.
D
4
Restitution damages prevent which of the following?
A)A breach
B)Performance
C)Unjust enrichment
D)None of the above
A)A breach
B)Performance
C)Unjust enrichment
D)None of the above
Unlock Deck
Unlock for access to all 21 flashcards in this deck.
Unlock Deck
k this deck
5
Punitive damages are awarded when the conduct of the party is intentional.
Unlock Deck
Unlock for access to all 21 flashcards in this deck.
Unlock Deck
k this deck
6
Mitigation of damages requires which of the following?
A)Extraordinary efforts
B)Reasonable efforts
C)No effort
D)None of the above
A)Extraordinary efforts
B)Reasonable efforts
C)No effort
D)None of the above
Unlock Deck
Unlock for access to all 21 flashcards in this deck.
Unlock Deck
k this deck
7
An injunction is
A)a legal remedy.
B)an equitable remedy.
C)unjust enrichment.
D)a form of reliance.
A)a legal remedy.
B)an equitable remedy.
C)unjust enrichment.
D)a form of reliance.
Unlock Deck
Unlock for access to all 21 flashcards in this deck.
Unlock Deck
k this deck
8
An equitable remedy is a legal remedy.
Unlock Deck
Unlock for access to all 21 flashcards in this deck.
Unlock Deck
k this deck
9
Speculative damages are compensatory damages.
Unlock Deck
Unlock for access to all 21 flashcards in this deck.
Unlock Deck
k this deck
10
An equitable remedy where the court modifies a contract is
A)reformation.
B)rescission.
C)restitution.
D)reliance.
A)reformation.
B)rescission.
C)restitution.
D)reliance.
Unlock Deck
Unlock for access to all 21 flashcards in this deck.
Unlock Deck
k this deck
11
Compensation for a loss or injury is a remedy.
Unlock Deck
Unlock for access to all 21 flashcards in this deck.
Unlock Deck
k this deck
12
Damages expended to prevent further loss are
A)nominal.
B)compensatory.
C)incidental.
D)punitive.
A)nominal.
B)compensatory.
C)incidental.
D)punitive.
Unlock Deck
Unlock for access to all 21 flashcards in this deck.
Unlock Deck
k this deck
13
Specific performance can be granted when
A)the subject is unique.
B)the subject dies.
C)all of the above.
D)none of the above.
A)the subject is unique.
B)the subject dies.
C)all of the above.
D)none of the above.
Unlock Deck
Unlock for access to all 21 flashcards in this deck.
Unlock Deck
k this deck
14
Token damages are punitive in nature.
Unlock Deck
Unlock for access to all 21 flashcards in this deck.
Unlock Deck
k this deck
15
Specific performance is not an equitable remedy.
Unlock Deck
Unlock for access to all 21 flashcards in this deck.
Unlock Deck
k this deck
16
A nonmonetary remedy is money damages.
Unlock Deck
Unlock for access to all 21 flashcards in this deck.
Unlock Deck
k this deck
17
Contractually agreed-on damages are liquidated.
Unlock Deck
Unlock for access to all 21 flashcards in this deck.
Unlock Deck
k this deck
18
Rescission is the voluntary agreement between the parties to set aside a contract.
Unlock Deck
Unlock for access to all 21 flashcards in this deck.
Unlock Deck
k this deck
19
Reliance damages prevent breach of contract.
Unlock Deck
Unlock for access to all 21 flashcards in this deck.
Unlock Deck
k this deck
20
Reliance damages focus on which of the following?
A)The breaching party
B)The nonbreaching party
C)Performance
D)Offeror
A)The breaching party
B)The nonbreaching party
C)Performance
D)Offeror
Unlock Deck
Unlock for access to all 21 flashcards in this deck.
Unlock Deck
k this deck
21
Match between columns
Unlock Deck
Unlock for access to all 21 flashcards in this deck.
Unlock Deck
k this deck