Marisa Successfully Sued Ivan, a Stockbroker Who Works for Blue

question 6

Multiple Choice

Marisa successfully sued Ivan, a stockbroker who works for Blue Sky Investments, for breach of contract. The court held that Ivan's breach caused Marisa to suffer a financial loss of $50 000. The court also held that Ivan is personally liable to pay that amount to Marisa. Which of the following statements is TRUE?

• A) An award of damages for breach of contract is the same as an order for specific performance.
• B) because Ivan acted wrongfully, the damages are properly classified as punitive damages
• C) Once judgment has been decided in her favour, Marisa became a judgment debtor.
• D) Marisa may garnish Ivan's income if he does not otherwise pay his debt.
• E) If necessary, Marisa is entitled to have all of Ivan's assets seized and sold in order to pay for the judgment.