Which of the Following Is Not a Characteristic of Consequential

question 16

Multiple Choice

Which of the following is not a characteristic of consequential damages?

• A) They arise from circumstances outside of the contract.
• B) They can be recovered in addition to compensatory damages.
• C) They can be collected only if they are foreseeable or known to the other party.
• D) They are fixed in amount at the time the contract is formed.
• E) To be collectible,the breaching party must have known about them or had reason to know about them.

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Definitions:

Other-race Effect

The tendency to more easily recognize faces of the race that one is most familiar with, which is thought to develop during infancy.

Availability Heuristic

A cognitive shortcut based on the first examples that pop up in one's thoughts when contemplating a particular subject, idea, strategy, or choice.

Explicit Bias

Refers to the attitudes and beliefs we have about a person or group on a conscious level.

Ingroup Bias

The tendency to favor and extend loyalty to members of one's own group over those of other groups.