Asked by jean michel chaplin on Apr 27, 2024

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______damages are not awarded in a breach-of-contract action because they do not serve the purposes of contract law.

A) Punitive
B) Compensatory
C) Liquidated
D) Consequential

Punitive Damages

Monetary compensation awarded to an injured party that goes beyond what is necessary to compensate for losses and is intended to punish the wrongdoer.

Breach-Of-Contract

The failure to perform as stipulated by the terms of a contract, without lawful excuse.

Compensatory

Related to compensation, it often refers to damages awarded in a lawsuit that are meant to reimburse the plaintiff for actual losses or harms.

  • Identify the role and implementation of liquidated and consequential damages when agreements are breached.
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Agustin VelascoApr 29, 2024
Final Answer :
A
Explanation :
Punitive damages are generally not awarded in breach-of-contract cases because the primary goal of contract law is to compensate the non-breaching party for the loss, not to punish the breacher.