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Marisa Successfully Sued Ivan,a Stockbroker Who Works for Blue Sky

Question 5

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.

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