The purpose of damages is to award monetary compensation for a breach of contract to compensate the
Question:
The purpose of damages is to award monetary compensation for a breach of contract to compensate the injured party for the losses suffered. Indicate two limitations on this principle.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 70% (10 reviews)
The first is remoteness where the contracting party is res...View the full answer
Answered By
Zablon Gicharu
I am an educator who possesses the requisite skills and knowledge due to interacting with students for an extended period. I provide solutions to various problems in step-by-step explanations, a well-thought approach and an understandable breakdown. My goal is to impart more straightforward methodologies and understanding to students for more remarkable achievements.
5.00+
4+ Reviews
10+ Question Solved
Related Book For
Question Posted:
Students also viewed these Business questions
-
Explain the main reason why the courts prefer to award monetary damages rather than specific performance.
-
THE LEGAL ENVIRONMENT DIMENSION Why should House and HAI have been advised of Holiday Inns plan to grant a franchise to a different hotel in their territory? THE ECONOMIC DIMENSION A jury awarded HAI...
-
1. Economic damages are the monetary compensation that is awarded in civil litigation, such as a breach of contract claim. a. True b. False 2. The purpose of _____ is to put an individual or entity...
-
Onefifth of a hive of bees flew to the Kadamba flower; one-third flew to the Silandhara; three times the difference of these two numbers flew to an arbor, and one bee continued flying about,...
-
Alex, Inc., buys 40 percent of Steinbart Company on January 1, 2012, for $530,000. The equity method of accounting is to be used. Steinbart's net assets on that date were $1.2 million. Any excess of...
-
Determine whether each of the following is true or false. If false, explain why. a) To refer to a particular location or element within an array, we specify the name of the arrays variable and the...
-
The 5 - \(\mathrm{kg}\) block is traveling with the speed of \(v=4 \mathrm{~m} / \mathrm{s}\) just before it strikes the 6061-T6 aluminum stepped cylinder. Determine the maximum normal stress...
-
1. What was the catalyst for NIBCO to develop a VMI program, and why was it able to respond? 2. Describe what types of transactions are involved in NIBCOs VMI program. 3. What types of benefits have...
-
In the case of the plucked string, use the formula for Fourier sine coefficients to show that Am 2h sin mp m p(x-p For what position of p are the second, fourth, ... harmonics missing? For what...
-
Using the chart of accounts in Figure 2-1, determine the changes to the balance sheet, income statement, job cost ledger, and equipment ledger as the result of billing a client $368,264 for Job 313....
-
What is necessary for an assignment to qualify as a statutory assignment? What is the importance of such a designation?
-
What does it mean to say the assignee is subject to the equities?
-
Three laser beams have wavelengths \(\lambda_{1}=400 \mathrm{~nm}, \lambda_{2}=600 \mathrm{~nm}\), and \(\lambda_{3}=800 \mathrm{~nm}\). The power of each laser beam is \(1 \mathrm{~W}\). a. Rank in...
-
Visit C Space at https://cspace.com. Read the information about what the company does and some of the news or case histories at its site. After reviewing the website, evaluate whether and to what...
-
What are the differences among exploratory, descriptive, and causal research designs? Which design type would be most appropriate to address the following question: "How satisfied or dissatisfied are...
-
1. Whole Foods is a natural and organic foods retailer started by John Mackey and Renee Lawson in 1978. The company is headquartered in Austin, Texas. Today it operates 456 stores in the United...
-
Marriott International is a leader in the hospitality industry with more than 3,200 lodging properties worldwide and a workforce of more than 146,000 employees working in 55 countries and...
-
Identify the 11 steps of the research process and develop a set of questions that a researcher should attempt to answer.
-
When conducting a two-sided test of significance, the value of the parameter under the null hypothesis is not plausible and will not be contained in a 95% confidence interval when: A. The p-value is...
-
Explain why each of the following is either a private good or a public good: traffic lights, in line skates, a city park, a chicken salad sandwich, a tennis racket, national defense, a coastal...
-
Facts: Matthew Gabriel was a student in Professor Pumos immunology class. Professor Pumos syllabus outlined course requirements and stated that plagiarism will not be tolerated. After grading the...
-
Facts: In the early 1890s, English citizens greatly feared the Russian Flu. The Carbolic Smoke Ball Company ran a newspaper ad that contained two key passages: 100 reward will be paid by the Carbolic...
-
Case law tells us that a course syllabus is not a binding contractbut how about your schools honor code? Under what conditions could an honor code be a contract?
-
1. Define latent heat and how it is different than specific heat capacity. 2. Describe how a phase diagram changes when changing from a solid to a liquid. 3. Describe how work done is related to a...
-
In a large vaccination clinic, patients arrive at the rate of 50 per hour. The clinic is staffed with five nurses and it takes on average 6 minutes for a nurse to vaccinate a patient. Both patient...
-
Calculate the missing value. Beginning cash balance add : cash receipts Collection of notes receivable Proceeds from sale of securities collection from credit sales Total receipts Total available...
Study smarter with the SolutionInn App