Multiple Choice
Which of the following statements is true with respect to the law of damages?
A) Damages are awarded for a breach of a condition but not for a breach of warranty.
B) If a contract contains a liquidated damages clause,the party who has breached the contract has agreed to pay to the party wronged an amount equal to all the loss that directly and naturally flows from the breach.
C) Damages are an order from the court for the breaching party to perform the contract as he or she agreed to do.
D) Damages are intended to punish the wrongdoer for breaching the contract.
E) A deposit is an amount of money a party to a contract agrees to forfeit if he or she breaches the contract.
Correct Answer:

Verified
Correct Answer:
Verified
Q13: Indicate any limitations on the availability of
Q38: Joe paid Sam a debt owed of
Q107: Damages are an example of an equitable
Q125: Discuss frustration in contract law and indicate
Q160: Which of the following is one of
Q161: A salesman innocently misrepresented a fact about
Q162: Smedlap,a trucker,and Dewdney,a farmer,entered into a contract
Q164: It should make it easier to obtain
Q166: The office manager of a real estate
Q167: Often,costs can be considerably reduced by including