Which Form of Damages Is Intended to Give the Victim

question 15

Multiple Choice

Which form of damages is intended to give the victim of the breach of contract the "benefit of the bargain"?

• A) Compensatory
• B) Punitive
• C) Nominal
• D) Liquidated

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Definitions:

Buyer To Close

A sales technique in which the salesperson encourages the buyer to make the final decision to complete the purchase.

Commitment To Buy

A customer's decision or promise to purchase a product or service, often before the actual transaction occurs.

Wisdom And Knowledge

The combination of acquired information, understanding, and insight used to make informed decisions.

Lost To Competitor

A situation where a business loses a potential or existing customer to a rival company, often prompting analysis to improve future competitiveness.