Hybrid Corporation Enters into a Contract with Insure Service, Inc

question 69

Multiple Choice

Hybrid Corporation enters into a contract with Insure Service, Inc. (ISI) , to obtain health insurance for Hybrid employees. If ISI breaches the contract and Hybrid is awarded compensatory damages, the purpose would be to

• A) establish, as a matter of principle, that ISI acted wrongfully.
• B) provide Hybrid with funds for a foreseeable loss beyond the contract.
• C) provide Hybrid with funds for its loss of the bargain.
• D) punish ISI and set an example to deter others from similar acts.

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Definitions:

Alternate Identities

Different personalities or personas that an individual may assume, often in the context of dissociative identity disorder.

DSM-5

The Diagnostic and Statistical Manual of Mental Disorders (DSM-5), 5th ed.; the major classification of psychological disorders in the United States.

Binge-Eating Disorder

An eating disorder characterized by recurrent episodes of eating large quantities of food (often very quickly and to the point of discomfort); it’s marked by a feeling of loss of control during the binge.

Gambling Addiction

A compulsive need to continue gambling despite harmful negative consequences or a desire to stop, classified as a behavioral addiction.