_____ damages are monetary payments that a party who breached a contract is ordered to pay in order to make up for the actual harm suffered by the injured party due to the breach of contract.
A) Compensatory
B) Nominal
C) Punitive
D) Specific

Question

Quizplus · Accepted Answer

Compensatory damages are awarded to compensate the non-breaching party for the actual loss suffered as a result of the breach of contract. Nominal damages are a small amount of damages awarded to signify that a legal wrong has occurred, but no actual harm was suffered. Punitive damages are awarded to punish the breaching party for particularly egregious conduct. Specific damages are a type of compensatory damages that are awarded to cover specific monetary losses that were foreseeable at the time the contract was formed.

_____ Damages Are Monetary Payments That a Party Who Breached