Max Has Contracted with Lew to Have His House Painted

question 41

Multiple Choice

Max has contracted with Lew to have his house painted.The contract specifically stated that the job was to be completed by 8/25.Lew completes the job on 8/26.Max has suffered no loss due to the delay.The job was otherwise done exactly to all contract requirements and specifications.If Max sues Lew for breach of contract due to the missed completion date,were the courts to award damages,what type of damages would most likely be awarded?

• A) punitive damages
• B) consequential damages
• C) restitution
• D) nominal damages

---

Definitions:

Car Insurance

A type of insurance that provides financial protection against physical damage or bodily injury from traffic collisions and against liability that could also arise from incidents in a vehicle.

Probability

A measure of the likelihood of a particular event or outcome occurring, expressed as a number between 0 and 1.

Six-Sided Die

A six-sided die is a cube-shaped object used in gaming, with each side marked with one to six dots to represent values for random outcomes.

Expected Utility

A concept in economics and finance that represents the average outcome when individuals are faced with uncertain decisions, often used in the context of risk and decision making.