The loss sustained in a breach of contract is remedied by payment of:
Actual loss is remedied by compensatory damages measuring the loss; among the choices the ascertained sum representing that loss is "Liquidated damage", whereas "Nominal…
Choose your answer
The loss sustained in a breach of contract is remedied by payment of:
Answer and explanation
Correct answer D
Actual loss is remedied by compensatory damages measuring the loss; among the choices the ascertained sum representing that loss is "Liquidated damage", whereas "Nominal damage" is awarded only where no real loss is suffered and "Exemplary damage" is punitive.
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