Which Defining Word or Phrase Below Best Captures the Meaning

question 159

Multiple Choice

Which defining word or phrase below best captures the meaning of capital items?

• A) Bulk loads
• B) Directly used in the production process
• C) To the consumer within a year
• D) Permanent
• E) Governmental purchase

---

Definitions:

Breach Of Contract

The violation of any of the agreed-upon terms and conditions of a binding contract.

Special Damages

Compensatory damages that cover specific, quantifiable financial losses suffered by a plaintiff, such as medical bills or lost wages, due to the defendant's wrongdoing.

Incidental Damages

Damages that compensate for expenses directly incurred because of a breach of contract, such as those incurred to obtain performance from another source.

Rescind The Contract

The legal action of canceling or nullifying a contract, effectively terminating the agreement and releasing the parties from their obligations.