QUESTION 31 In a breach of contract case, expectancy damages are: none of the ot

Question

QUESTION 31

In a breach of contract case, expectancy damages are:

none of the other choices are correct

not meant to cover the profits the party suffering the breach of contract reasonably expected to make if the contract had been fulfilled

damages that allow the party suffering the breach to recover costs incurred due to relying on the promise of the other party

meant to cover the profits the party suffering the breach of contract reasonably expected to make if the contract had been fulfilled

meant to compensate for mental distress suffered by the party suffering the breach

QUESTION 32

In some residential subdivisions, only single-family homes are allowed, and they must be at least 2,000 square feet, brick construction, with no dog houses. These terms are called:

joint conditions

deeds

none of the other choices

common tenancies

profits

QUESTION 33

In Bowman v. Monsanto, where Bowman used Monsanto's patented Roundup Ready seeds and, in violation of the contract provided by Monsanto, kept seeds from his crop to use next year so that the seeds had the genetic composition of the Monsanto seeds. The Supreme Court held that:

Monsanto's patent only extended to seeds it sold so there was no infringement

Monsanto's patented product could be sold with restrictions, which Bowman violated

Monsanto's patent had expired by the time of the litigation, so the case was moot

none of the other choices are correct

a.

none of the other choices are correct

b.

not meant to cover the profits the party suffering the breach of contract reasonably expected to make if the contract had been fulfilled

c.

damages that allow the party suffering the breach to recover costs incurred due to relying on the promise of the other party

d.

meant to cover the profits the party suffering the breach of contract reasonably expected to make if the contract had been fulfilled

e.

meant to compensate for mental distress suffered by the party suffering the breach

Explanation / Answer

QUESTION 31

In a breach of contract case, expectancy damages are:

c.

damages that allow the party suffering the breach to recover costs incurred due to relying on the promise of the other party

Explanation:

“The court will usually award expectation damages to cover the losses/ injury of/to the innocent party.”

QUESTION 32

In some residential subdivisions, only single-family homes are allowed, and they must be at least 2,000 square feet, brick construction, with no dog houses. These terms are called:

c.

none of the other choices

Explanation:

“This is restrictive covenants, a covenant imposes a restriction on the use of land so that value and enjoyment of adjoining land are maintained.”

QUESTION 33

In Bowman v. Monsanto, where Bowman used Monsanto's patented Roundup Ready seeds and, in violation of the contract provided by Monsanto, kept seeds from his crop to use next year so that the seeds had the genetic composition of the Monsanto seeds. The Supreme Court held that:

b.

Monsanto's patented product could be sold with restrictions, which Bowman violated

Explanation:

“The supreme court ruled that Bowman could not use Monsanto’s patented genetically altered soya bean seeds to create new seeds without paying a fee.”

c.

damages that allow the party suffering the breach to recover costs incurred due to relying on the promise of the other party

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