A small breach of contract damage amount fixed without regard to the amount of loss is known as:
A) nominal damages.
B) out-of-pocket damages.
C) reliance damages.
D) None of these.

Question

Quizplus · Accepted Answer

Nominal damages are awarded when a breach of contract occurs but the non-breaching party has not suffered a quantifiable financial loss, or when the breach is minor. These damages are typically a small, symbolic amount.

A Small Breach of Contract Damage Amount Fixed Without Regard