Which of the Following Is True About the Recovery of Punitive

question 64

Multiple Choice

Which of the following is true about the recovery of punitive damages in connection with contracts?

• A) They are recoverable whenever a breach of contract is intentional.
• B) If awarded,they are held by the court to be distributed to other parties with whom the defendant has breached a contract.
• C) They can be covered for tortious conduct in connection with a contract,but generally not for the breach of a contract.
• D) They are awarded only by an appellate court.

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Definitions:

Consumption Function

An economic formula that represents the relationship between total consumer spending and total national income.

Household Wealth

The total value of all financial and non-financial assets owned by members of a household minus any liabilities.

Consumption Function

An economic formula that expresses the relationship between total consumption and gross national income.

Price Level

An index that measures the average of prices for goods and services in an economy over a period, often used to assess inflation or deflation.