The Interest Designed to Return to the Injured Party a Benefit

question 36

Multiple Choice

The interest designed to return to the injured party a benefit that he has conferred on the other party,which it would be unjust to leave with that person is the:

• A) restitution interest.
• B) reliance interest.
• C) expectation interest.
• D) equitable interest.

---

Definitions:

Price Level

The average of current prices across the entire spectrum of goods and services produced in the economy, reflecting a nation's cost of living.

Nominal Wages

The amount of money paid to employees not adjusted for inflation, reflecting the current dollar value of wages.

Real Wages

Pay from employment, recalibrated for price level changes to indicate the true value of work income.