Olivia Is Suing a Supplier for Breach of Contract

question 55

Multiple Choice

Olivia is suing a supplier for breach of contract.Assuming she is successful,what remedy might she expect to receive from the court?

• A) restitution
• B) punitive damages based on the seriousness of the contract breach
• C) aggravated damages
• D) a sum of money that will put her in the position that she would have been had the contract been fulfilled

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Definitions:

Reasonable Precautions

Measures taken that are sensible and prudent under the circumstances to prevent harm.

Patent

A legal right granted by the government to an inventor for a certain period of time, allowing them to exclude others from making, using, selling, or distributing the patented invention without permission.

Renewed

The act of extending the period of validity or effectiveness of something, such as a license, subscription, or agreement.

Trade Secret

A type of intellectual property consisting of a practice, design, formula, process, or compilation of information not generally known or reasonably ascertainable, by which a business can gain an economic advantage over competitors or customers.