Which of the Following Is True with Regard to Remedies

question 49

Multiple Choice

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

• A) The amount of damages to be given to the victim of the breach may be limited to the amount specified in a liquidated damages clause of her contract.
• B) The victim of a breach can recover damages that he could have avoided if he had tried to mitigate his loss.
• C) A person who breaches a contract is liable for all the loss that directly and naturally flows from the breach, no matter how unforeseeable.
• D) An injunction is an equitable remedy forcing a person to comply with the terms of the contract.
• E) Specific performance is the proper remedy to stop a person from doing something that he had promised in the contract not to do (e.g., not to compete, not to disclose secrets, etc.).

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Definitions:

Environmental Opportunities

Refers to circumstances in the external environment that an organization can exploit to its advantage, often related to sustainability, market trends, or regulatory changes.

New Technologies

Emerging or recently developed technological advancements, tools, or methods that potentially change existing practices or create new opportunities.

E-Business Strategy

A plan of action for leveraging digital technologies and Internet to conduct a company’s business processes, from procurement to customer service.

Competitive Advantage

The attributes that allow an organization to outperform its competitors, such as superior quality, innovation, or cost efficiency.