If a plaintiff seeking damages in a breach of contract action receives $1 in damages, the damages would most likely be classified as:
A) punitive damages.
B) exemplary damages.
C) nominal damages.
D) compensatory damages.

Question

Quizplus · Accepted Answer

Nominal damages are awarded when the plaintiff suffers little to no actual financial loss or damages. In a breach of contract action, if the plaintiff is awarded $1 in damages, it would be considered nominal damages. Punitive damages are meant to punish the defendant for wrongdoing, and exemplary damages are similar to punitive damages, but they are awarded to set an example to deter future similar conduct. Compensatory damages are meant to compensate the plaintiff for actual financial losses or damages suffered as a result of the breach of contract.

If a Plaintiff Seeking Damages in a Breach of Contract