Multiple Choice
Marisa successfully sued Ivan,a stockbroker who works for Blue Sky Investments,for breach of contract.The court held that Ivan's breach caused Marisa to suffer a financial loss of $50 000.The court also held that Ivan is personally liable to pay that amount to Marisa.Which of the following statements is TRUE?
A) Because Ivan acted wrongfully,the damages are properly classified as punitive damages.
B) An award of damages for breach of contract is the same as an order for specific performance.
C) Once judgment has been decided in her favour,Marisa became a judgment debtor.
D) If necessary,Marisa is entitled to have all of Ivan's assets seized and sold in order to pay for the judgment.
E) Marisa may garnish the non-exempt portion of Ivan's income if he does not otherwise pay his debt.
Correct Answer:

Verified
Correct Answer:
Verified
Q1: As a result of recent events, Marshall
Q2: Kabesa Inc sued Mahuja Ltd.The court held
Q6: Herbert & Hart Inc,an accounting firm,was legally
Q7: Kirndeep Khan wants to sue her employer
Q9: Heidi is drafting a contract with Sheldon
Q10: Lin believes that the new soft drink,Kaff
Q11: Class actions have become more common in
Q29: Longhorn Inc has served a statement of
Q30: Briefly explain the rules that determine the
Q54: Which of the following statements is TRUE