Question: Consequential damages are: 1. Foreseeable damages that result from a partys breach of contract. 2. Meant to punish normally three times 3. When no actual

Consequential damages are:
1. Foreseeable damages that result from a partys breach of contract.
2. Meant to punish normally three times
3. When no actual damage or financial loss results from breach, only a technical injury is involved.
4. All of the above

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!

Q:

Exercise 2-2 The balance sheets of Petrello Company and Sanchez Company as of January 1, 2014, are presented below. On that date, after an extended period of negotiation, the two companies agreed to...

Q:

Consequential damages are: A. Foreseeable damages that result from a party's breach of contract. B. Meant to punish - normally three times C .When no actual damage or financial loss results from...

Q:

When Frode Jensen announced his intention to leave Pillsbury Winthrop LLP (Pillsbury) for Latham & Watkins LLP (Latham) in August 2002, hardly anyone outside the two firms took notice. But when...

Q:

1 For Petra to recover the benefit for breach of contract to purchase a boat docking facility from Quayside Properties, the most appropriate remedy is: damages. reform. rescission. specific...

Q:

Discuss various researchaspects of this case: Were there any subsequent rulings by a Court of Appeal? Which Court of Appeal? What was the holding in that Court? In the United States Court of Federal...

Q:

Discuss various research aspects of this case: is this opinion still precedent? if not, why not? In the United States Court of Federal Claims No. 05-608 C E-Filed: March 27, 2006...

Q:

What was the holding in that Court? In the United States Court of Federal Claims No. 05-608 C E-Filed: March 27, 2006 _____________________________________ ) FRANCISCO JAVIER RIVERA AGREDANO ) and )...

Q:

Please use the IRAC Issue Rule ( already provided) Analysis and Conclusion Allthequestionsbelowrelyonthisfactpattern(CE8):ChelsieHochesterisasuccessful...

Q:

Tommy the Toad(Toad),a local contractor signs a contract in writing with you to build a screened in porch on the back of your house for$30,000.You give him a$10,000deposit and agree to paythe balance...

Q:

Should doctors be able to have you sign a clause limiting their liability to the cost of the procedure or $15,000, whichever is more? What about other "professionals"? How do we distinguish the...

Q:

Unit1 1) The court's decision in Brown v. Board of Education had what effect on the decision made in Plessy v. Ferguson? a. It showed that precedent can be overruled and is not binding in every...

Q:

This project will help you better understand specific information that companies provide to the securities and exchange commission as well as the information that investors review before making their...

Q:

Write a 1-page memo to your senior management, highlighting your concerns about a cybersecurity issue in the supply chain that is relevant to your organization (e.g., work, school). Select and...

Q:

If a goodwill impairment loss relates to discontinued operation, it is reported within the Blank _ _ _ _ _ _ . Multiple choice question. discontinued operations section of the income statement...

Q:

What is an example of constructive feedback? provide reference