The Standard Measure of Compensatory Damages Is the Value of the Breaching

question 39

True/False

The standard measure of compensatory damages is the value of the breaching party's performance under a contract.

---

Definitions:

U.S. Dollar

The official currency of the United States and a primary reserve currency used globally in international transactions.

Foreign Exchange

The trading of currencies on the forex market, allowing for the conversion of one currency into another.

Capital Account Balance

A part of a country's balance of payments that records all transactions involving the purchase or sale of assets.

Current Account Balance

The current account balance is a country's trade balance plus net income and direct payments between it and other countries, indicating a nation's foreign trade and financial status.