Question: What is the difference between compensatory damages and consequential damages?What are nominal damages, and when do courts award nominal damages? 2.What is the standard measure

  1. What is the difference between compensatory damages and consequential damages?What are nominal damages, and when do courts award nominal damages?

2.What is the standard measure of compensatory damages when a contract is breached?How are damages calculated differently in construction contracts?

3.Under what circumstances is the remedy of rescission and restitution available?

4.When do courts grant specific performance as a remedy?

5.What is a limitation of liability clause, and when will courts enforce it?

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