Emerald, Inc

Multiple Choice

Emerald, Inc. enters into a contract to purchase 3,000 chipsets from Atlas, Inc. It agrees to pay $10 for each chipset. Atlas manages to deliver only 2,700 chipsets on the stipulated day, leading to a loss in profit for Emerald. The contract did not include a clause about the damages to be paid. If a court decides that Atlas must pay monetary damages, which of the following types of damages will be awarded by the court?

A) liquidated
B) nominal
C) compensatory
D) punitive