Which of the Following Are Damages Identified Before the Breach

question 45

Multiple Choice

Which of the following are damages identified before the breach occurs?

• A) Nominal damages
• B) Compensatory damages
• C) Reliance damages
• D) Liquidated damages
• E) Consequential damages

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Definitions:

Forecasting Profits

The process of estimating the future financial performance of a company, specifically regarding its profits.

Risk

The potential for loss or the chance that an investment's actual return will differ from the expected return, including the possibility of losing some or all of the original investment.

Return

In finance, return refers to the profit or loss generated on an investment over a specific period.

Income Statement

A financial document that reports a company's financial performance over a specific period, detailing revenue, expenses, and net income.