Benefit of the Bargain Refers to the Measure of Damages

question 55

Multiple Choice

Benefit of the bargain refers to the measure of damages awarded to the buyer which is

• A) the amount that allows the injured party to revive the economic position held by him or her when the contract was made.
• B) the out-of-pocket expense such as the legal fees incurred by the plaintiff.
• C) the value of the security that was represented to be worth in the market.
• D) the combination of the out-of-pocket expenses and what the security was represented to be worth in the market.
• E) the difference between what he or she paid and what the security was represented to be worth.

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Definitions:

Latin

A classical language belonging to the Italic branch of the Indo-European languages, originally spoken in Latium and Ancient Rome.

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