Which of the following statements is TRUE with respect to remedies?
A) Nominal damages are defined as damages that are awarded against a named defendant, rather than against a corporation.
B) Punitive damages are available only in criminal proceedings.
C) Even if a judgment debtor is bankrupt, the successful plaintiff may be able to fully satisfy judgment if the court finds that the debtor holds an asset in trust for the plaintiff.
D) Each law society has an assurance fund in order to provide a source of compensation for claimants who are unable to fully enforce their judgments against bankrupt judgment debtors.
E) Nominal damages are awarded if a case involves several plaintiffs and the court must decide, or nominate, which plaintiff is entitled to enforce a remedy.
Correct Answer:
Verified
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