Which of the Following Is False with Regard to Remedies

question 130

Multiple Choice

Which of the following is false with regard to remedies for breach of contract?

• A) The victim of a breach cannot recover damages that he could have avoided if he had tried to mitigate his loss.
• B) If the court holds that the liquidated damages clause in the contract is an honest attempt to estimate damages, the amount stated will be forfeited to the victim of the breach, even if he suffered no loss in fact.
• C) As a general rule, a person who breaches a contract is liable for all of the foreseeable loss that directly and naturally flows from the breach.
• D) Damages are awarded by the court to a person who has suffered loss because of a breach of a condition of the contract, but are not awarded for a breach of a warranty.
• E) A person who disobeys a court order (e.g., an order for specific performance) can be cited for contempt of court.

Recognize the influence of schemas and top-down processing in interpreting ambiguous sensations.

Gain insight into the effects and limitations of subliminal stimuli and priming on perception and behavior.

Understand the concept and significance of civil society in democratic systems.

Analyze the socio-economic divisions within societies, specifically the "fortunate fifth."

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Definitions:

Average Employee

A hypothetical or statistical worker representative of the typical skill level, salary, and experience within a company or industry.

Economic Planning

The process by which government officials allocate resources and organize economic activities with the goal of achieving specific economic outcomes.

CEOs Pay

The compensation received by chief executive officers, including salary, bonuses, shares, and other financial rewards, often a subject of public debate regarding its fairness and impact on company performance.

Civil Society

The realm of organized social life that is voluntary, self-sustaining, and separate from the state, encompassing NGOs, community groups, and other non-state actors.