Multiple Choice
Pure Oil Company enters into a contract with QuikBilt,Inc.,to construct an offshore oil pipeline to withstand specific conditions.If QuikBilt fails to meet this standard,which is construed as a breach of contract and a breach of a duty of care,Pure might be awarded punitive damages to
A) establish,as a matter of principle,that QuikBilt acted wrongfully.
B) provide Pure with funds for a foreseeable loss beyond the contract.
C) provide Pure with funds for its loss of the bargain.
D) punish QuikBilt and deter others from similar acts.
Correct Answer:

Verified
Correct Answer:
Verified
Q10: Compensatory damages compensate an injured party for
Q11: Ray breaches his lease with Sunny Properties
Q12: Fidelio Corporation enters into a contract with
Q13: Rural Power Utility,Inc.,enters into a contract with
Q14: Grady enters into a contract to buy
Q16: The measure of damages for breach of
Q19: SFX Paintball Games,Inc.,and Truck & Trailer Delivery
Q20: A person's actions may cause a breach
Q41: A party seeking to recover compensatory damages
Q53: The failure of one party to perform