Solved

"Benefit of the Bargain" Refers to the Damages Awarded to the Buyer

Question 55

Multiple Choice

"Benefit of the bargain" refers to the damages awarded to the buyer which is:


A) designed to restore the injured party to the economic position he/she occupied at the time the contract was entered.
B) equal to the out-of-pocket expenses such as the legal fees incurred by the plaintiff.
C) equal to what the security was represented to be worth in the market.
D) equal to the combination of the out-of-pocket expenses and what the security was represented to be worth in the market.
E) equal to the difference between what he/she paid and what the security was represented to be worth.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents