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When there is a breach of a contract and damages, the difference between the val

ID: 1131757 • Letter: W

Question

When there is a breach of a contract and damages, the difference between the value of the contract as it had been promised and the value of the performance which was actually given is a measurement of:

a) the direct damages.

b) the consequential damages.

c) the nominal damages.

d) the liquidated damages.

e) compensatory damages.

As a general rule,                                           are not awarded in contract law.

      a) nominal damages.

      b) consequential damages.

      c) direct damages.

      d) punitive damages.

As a general rule,                                           are not awarded in contract law.

Explanation / Answer

- compensatory damages

Compensatory damages are the difference between these promised value of contact and actual value of the contract.

- Punitive damages

Punitive damages are not awarded in contract law.

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