Under Contract Law, Damages Are the Monetary Settlements Awarded to a Person

question 216

True/False

Under contract law, damages are the monetary settlements awarded to a person who is injured by a breach of contract.

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Definitions:

Dependent Variable

A variable in an experiment or study that is expected to change in response to changes in another variable, known as the independent variable.

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Potential Customers

Individuals or organizations likely to be interested in a company's product or service, considered probable prospects for sales.

Independent Variable

A variable that is manipulated or controlled in an experiment to test its effect on a dependent variable.