_____ Damages Are Awarded by the Court to the Plaintiff

question 76

Multiple Choice

_____ damages are awarded by the court to the plaintiff for a breach of contract which causes no financial injury to the plaintiff.

• A) Specific
• B) Consequential
• C) Nominal
• D) Liquidated
• E) Compensatory

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Definitions:

Money Received

The sum of cash or cash equivalents that an entity acquires from various sources, including sales or funding.

Revenue

The sum of money earned from the sale of products or services central to the business's main activities.

Prepaid Expenses

Payments made in advance for goods or services to be received in the future, recorded as assets on a balance sheet and expensed over time as the goods or services are consumed.

Costs Paid

Expenses that a company has incurred and settled through payment.