Which of the Following Is True with Regard to Remedies

question 46

Multiple Choice

Which of the following is true with regard to remedies for breach of contract?

• A) Damages are awarded by the court to a person who has suffered loss because of a breach of an essential term of the contract, but are not awarded for a breach of an non-essential term, i.e., a warranty.
• B) If the seller has committed a "fundamental breach" of the contract, an exemption clause absolves the seller from liability.
• C) A person who breaches a contract is liable for all the foreseeable loss that directly and naturally flows from the breach.
• D) The victim of a breach can recover damages that he could have avoided if he had tried to mitigate his loss.
• E) Non est factum is an equitable remedy forcing a person to comply with the terms of the contract.

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Definitions:

Bluff

The act of misleading someone by presenting a false front or pretending to have a stronger position than one actually has.

College Professors

Academic instructors at higher education institutions responsible for teaching and research activities.

Integrate

To combine or bring together two or more elements to form a whole.

Instructors Generally

Refers broadly to individuals who provide education or guidance in academic or practical subjects to learners or trainees.