Which of the Following Is One of the Remedies Generally

question 36

Multiple Choice

Which of the following is one of the remedies generally available for a breach of contract?

• A) repudiation
• B) specific performance
• C) punitive damages
• D) anticipatory breach
• E) novation

---

Definitions:

Variable Costs

Costs that vary directly with the level of production or output, such as raw materials and labor expenses.

Short Run

In economics, a period during which at least one factor of production is fixed and cannot be changed, limiting adjustments to changes in demand or technology.

Average Total Cost

The total cost of production (fixed and variable costs) divided by the number of units produced, indicating the cost per unit of output.

Specialization

A strategy where individuals or entities concentrate on a narrow range of production tasks, aimed at increasing efficiency and expertise.