Examlex
Imagine that you are reading a journal article and you see the following sentence: "The study used a 2 × 2 × 4 design." Where are you likely to have encountered this sentence?
Breach of Contract
The violation of any of the agreed-upon terms and conditions of a binding contract without a legitimate legal excuse.
Consequential Damages
In a contract, foreseeable damages that result from special facts and circumstances arising outside the contract itself. The damages must be within the contemplation of the parties at the time the breach occurs. Also called special damages.
Nominal Damages
Monetary damages awarded to a plaintiff in a very small amount, typically $1 to $5, to signify that the plaintiff has been wronged by the defendant even though the plaintiff suffered no compensable harm.
Reformation
A legal process to correct or modify a contract or document to accurately reflect the intended terms of the parties involved.
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