Possible Remedies for a Breach of Contract Include

question 15

Multiple Choice

Possible remedies for a breach of contract include:

• A)compensatory damages.
• B)fines.
• C)incarceration.
• D)All of the above.
• E)None of the above.

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Definitions:

Breach Of Contract

Breach of Contract occurs when one party fails to fulfill their obligations under the contract, allowing the other party to seek damages or enforcement.

Standardized Form Contracts

Pre-prepared legal agreements that are not tailored to individual negotiations but used universally across many transactions.

Negotiable

Capable of being transferred from one party to another as a form of payment or as fulfilment of a contract.

Voidable Contract

A legal agreement that may be considered invalid upon the request of one of the parties due to certain defects, such as misrepresentation or lack of capacity at the time of execution.