Which of the Following Is One of the Remedies Generally

question 160

Multiple Choice

Which of the following is one of the remedies generally available for a breach of contract?

• A)specific performance
• B)punitive damages
• C)anticipatory breach
• D)novation
• E)repudiation

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Definitions:

Utility

A measure of satisfaction, usefulness, or pleasure obtained from consuming goods and services.

Well-being

The state of being comfortable, healthy, or happy; often used to refer to economic, social, and health status of individuals or populations.

Income

Money received, especially on a regular basis, for work, through investments, or from business activities.

Risk-averse

A preference for certainty over gamble, where an individual prefers to avoid risk even if it means a potentially lower expected return.