Question: Identify a true statement about remedies in law for a breach of contract. Multiple choice question. The direct losses incurred by a nonbreaching party is

Identify a true statement about remedies in law for a breach of contract. Multiple choice question. The direct losses incurred by a nonbreaching party is recovered as punitive damages. Rescission cannot be awarded in breach of contract cases except when the contract is illegal. The total costs incurred by a nonbreaching party because of a breach is recovered through nominal damages. The law requires a nonbreaching party to take reasonable steps toward mitigation

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