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Dana Has Received a Cheque from Storage4U Ltd

question 74

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Dana has received a cheque from Storage4U Ltd.compensating her for the theft of her stored property.Which of the following denotes the types of damages Dana has been compensated for?


Definitions:

Contract Frustration

A legal concept whereby a contract is terminated because an unforeseen event has rendered contractual obligations impossible to perform.

Express Repudiation

The act of clearly and explicitly refusing to perform an obligation or duty outlined in a contract.

Obligations Refusal

A situation where an individual or entity declines to fulfill a duty or agreement previously committed to.

Liquidated Damages

A set sum of money required as a penalty for not fulfilling contractual obligations.

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