Nominal Damages Can Be Important Because

question 403

Multiple Choice

Nominal damages can be important because:

• A) they serve as a warning to other who might breach a contract
• B) injured parties must be compensated for all their losses
• C) it is important to punish severely those who breach contracts
• D) proof of breach may be related to other legal issues
• E) none of the other choices are correct

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Definitions:

Functionalism

A theoretical perspective in sociology and anthropology that sees society as a complex system whose parts work together to promote solidarity and stability.

Conflict Theory

A sociological perspective that views social life as a competition, and focuses on the distribution of resources, power, and inequality.

Shared Understanding

The common knowledge or consensus among members of a group, society, or organization regarding beliefs, practices, norms, or values.

Capitalism

An economic system where private ownership and free market principles dominate, aiming for profit through production and exchange.