Which of the Following Are Damages for Lost Profits a Buyer

question 5

Multiple Choice

Which of the following are damages for lost profits a buyer or lessee may recover in the event of a breach?

• A) Approved damages
• B) Consequential damages
• C) Remedial damages
• D) Approved, consequential, and remedial damages
• E) Approved and consequential damages, but not remedial damages

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Definitions:

Truth

The quality or state of being in accordance with fact or reality.

Conclusions

The end or finish of an event, process, or text; a judgment or decision reached by reasoning.

Valid Arguments

Logical statements where, if the premises are true, the conclusion necessarily follows.

Sound

In logic, an argument that is both valid and has all true premises.