Question: Read the scenario and determine what needs to take place based on the resolutions described in the text. Penn contracts with Lisa to do a
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Read the scenario and determine what needs to take place based on the resolutions described in the text.
Penn contracts with Lisa to do a landscape architecture project on Lisas property. Before the contract starts, a local city ordinance is instituted which severely limits citizens ability to plant certain types and numbers of plants in order to conserve water. Penn and Lisa now need to institute a(n) __________.
- Substitution
- Accord and satisfaction
- Force majeure renovation
- Novation
- Bookmark question for later
Demonstrate your knowledge of the different types of remedy for breached contracts by filling in the blank.
A party can receive __________ damages to restore itself to the position it would have been in if a breach had not occurred.
- Punitive
- Compensatory
- Consequential
- Nominal
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