Which of the Following Statements Is TRUE with Respect to Remedies

question 28

Multiple Choice

Which of the following statements is TRUE with respect to remedies?

• A)Nominal damages are defined as damages that are awarded against a named defendant,rather than against a corporation.
• B)Punitive damages are available only in criminal proceedings.
• C)If a judgment debtor is bankrupt,a claimant who is entitled to claim that assets of the bankrupt's estate are held in trust for the claimant may be able to fully enforce a judgment against those assets,and the other creditors may be left to receive a dividend from the remaining estate of something less than full payment of the debts owed to them by the bankrupt.
• D)Each law society has an assurance fund in order to provide a source of compensation for claimants who are unable to fully enforce their judgments against bankrupt judgment debtors.
• E)Nominal damages are awarded if a case involves several plaintiffs and the court must decide,or nominate,which plaintiff is entitled to enforce a remedy.

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Definitions:

Incentive

A factor, often a monetary reward or advantage, that motivates individuals or entities to act in a certain way.

Productively

Refers to producing goods or services in a way that makes the best use of resources like time, materials, and labor.

Rule-of-law

The principle that all members of a society, including those in government, are equally subject to publicly disclosed legal codes and processes.

English-speaking Heritage

Refers to the cultural and historical influence of English-speaking countries and their traditions.