Which of the following is not a characteristic of consequential damages?
A) They arise from circumstances outside of the contract.
B) They can be recovered in addition to compensatory damages.
C) They can be collected only if they are foreseeable or known to the other party.
D) They are fixed in amount at the time the contract is formed.
E) To be collectible,the breaching party must have known about them or had reason to know about them.
Correct Answer:
Verified
Q54: "Benefit of the bargain" is descriptive of
Q55: Which of the following is true about
Q56: What kinds of damages will be awarded
Q57: The general requirements for a liquidated damages
Q61: Pat Painter contracts to paint Harry Homeowner's
Q62: Which of the following is true about
Q63: Which of the following is not an
Q90: What is the general goal of awarding
Q109: What does the term "mitigation" refer to
Q114: The doctrine that places a duty on
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents