To Accomplish the Basic Purposes of Contract Remedies, Which of the Following

question 9

Multiple Choice

To accomplish the basic purposes of contract remedies, which of the following limitations have not been imposed upon monetary damages?

• A) Foreseeability.
• B) Certainty.
• C) Mitigation.
• D) Restitution.

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Definitions:

Bank Error

Mistakes made by a bank in recording transactions in a customer's account, requiring correction to reflect the accurate balance.

Check Printing Charge

Fees incurred for the printing of checks, often charged by banks or printing companies.

Deposits In Transit

Funds that have been deposited by a company but not yet credited to its bank account by the financial institution.

NSF Checks

Checks that cannot be processed by a bank due to insufficient funds in the account of the individual who wrote the check, leading to a "non-sufficient funds" status.