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Which of the Following Statements Is TRUE

question 100

Multiple Choice

Which of the following statements is TRUE?


Definitions:

Obtaining Cover

The process of seeking and securing a replacement for unfulfilled contractural obligations, especially in the context of goods or services.

Consequential Damages

Refer to indirect losses that one party causes another as a result of failing to fulfill a duty or breach of contract, which were foreseeable at the time the contract was made.

Personal Injury

Physical or emotional harm suffered by an individual, often leading to legal action for damages.

Breach

The violation or breaking of a law, duty, or other form of agreement.

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