Intangible loss refers to a loss that cannot be physically measured or touched, such as peace of mind, enjoyment or satisfaction. If the contract was intended to provide peace of mind to the plaintiff, then damages may be awarded for the intangible loss suffered.

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An Intangible Loss

Question 22

Multiple Choice

An intangible loss

A) is a loss that has market value.
B) traditionally resulted in expectation damages.
C) usually triggers the remedy of an account of profits.
D) usually leads to reliance damages.
E) may be the subject of damages if the contract was intended to provide "peace of mind" to the plaintiff.

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