Asked by Milton Jackson on Sep 29, 2024
Absent provisions in the contract,which of the following types of damage can be awarded to an injured party under a breach of contract?
A) General damages only
B) General and incidental damages only
C) General, incidental, and special damages only
D) General, incidental, special and punitive damages
Breach of Contract
The failure to perform any term of a contract, written or verbal, without a legitimate legal excuse.
General Damages
Compensation awarded for non-monetary losses suffered due to a breach of contract or tort, such as pain and suffering or loss of reputation.
Incidental Damages
Financial losses indirectly resulting from a party's failure to meet a contractual obligation.
- Understand the methods for recuperating damages according to the Uniform Commercial Code (UCC).
Learning Objectives
- Understand the methods for recuperating damages according to the Uniform Commercial Code (UCC).
Related questions
Explain How Injured Parties Can Recover Damages Under the UCC
Are Contracts for the Sale of Computer Software Governed by ...
Which of the Following Is an Incorrect Statement Regarding the ...
In the Event of Equipment Malfunction, What Does the UCC ...
Consequential Damages Do Not Include an Injury to a Person ...