Consequential Damages Are

question 50

Multiple Choice

Consequential damages are

• A) those that do not flow naturally from the breach.
• B) those that a defendant will not be liable to compensate a plaintiff for.
• C) extra significant damages.
• D) one stage removed form the immediate effects of a breach.
• E) those that are not reasonably foreseeable.

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Definitions:

Future Value

The predicted amount of money that an investment will grow to at a specific date in the future, considering a certain rate of interest or growth.

Accurate To The Cent

A high level of precision in financial calculations, indicating that amounts are exact to the smallest denomination of currency.

Ordinary General Annuity

A chain of consistent payment transactions transpiring at the end of regular intervals within a set duration.

Present Value

The current worth of a future sum of money or stream of cash flows, given a specified rate of return.