Question 37 of 50

What is the primary goal of compensatory damages in a breach of contract case?

In a contract for the sale of goods where the seller fails to deliver, what is the usual measure of the buyer's compensatory damages?

What principle was established by the classic case of Hadley v. Baxendale regarding the recovery of damages?

Under the doctrine of mitigation of damages, what is a wrongfully terminated employee typically required to do?

A provision in a contract specifying that a contractor will pay 300 dollars for every day they are late in completing a project is an example of what?

When will a court generally enforce a liquidated damages provision?

What is the primary purpose of the equitable remedy of rescission?

In which of the following situations would a court most likely grant the equitable remedy of specific performance?

What is the primary function of the equitable remedy of reformation?

If a contractor breaches a construction contract before performance has begun, what can the owner recover?

Wilcox contracts to perform services for Hernandez for one month for 4,000 dollars. Hernandez cancels the contract. Wilcox finds another job for the same month but can only earn 3,000 dollars. What is the amount of compensatory damages Wilcox can recover from Hernandez?

What does the doctrine of election of remedies prevent?

If a party knowingly relinquishes their legal right to require satisfactory and full performance under a contract, what has occurred?

What type of damages are awarded to recognize a technical injury and establish that the defendant acted wrongfully, even when no actual financial loss has occurred?

Under what circumstances may a court grant reformation of a contract?

To recover under the theory of quasi contract, which of the following is NOT a required element?

If a construction contractor stops work partway through a project, what is the measure of the owner's damages?

When are punitive damages generally recoverable in a contract law case?

What is the consequence if a party waives a breach of contract?

If a contract contains a limitation-of-liability clause, under what circumstances will it likely NOT be enforced by a court?

What type of damages are expenses caused directly by a breach of contract, such as those incurred to obtain performance from another source?

In a construction contract, what is the measure of damages if the owner breaches after the construction has been completed?

What is meant by the term 'restitution' in contract remedies?

If a court determines that the cost of completing a construction project as specified in the contract greatly outweighs the benefit to the owner, this situation is known as:

Chrylon Corporation contracts to buy ten network servers from an XEXO dealer for 8,000 dollars each. The dealer fails to deliver them. At the time of the breach, the market price for the servers is 8,150 dollars each. What is Chrylon's measure of compensatory damages?

What is the key difference between compensatory damages and consequential damages?

A court will typically not award an equitable remedy unless what condition is met?

What is a key requirement for recovering consequential damages, as established in Hadley v. Baxendale?

Based on the case of Hanson v. Boeder, if a landlord breaches a lease and the tenant farmer is unable to find replacement land to rent after a reasonable effort, can the tenant recover for lost profits?

In the case of Stainbrook v. Low, why did the court grant specific performance of the land sale contract even though the buyer, Low, had not paid the property taxes as required by the agreement?

What are the four broad categories of damages available for a breach of contract?

If a homeowner breaches a construction contract during performance, what can the contractor recover?

The failure of one party to perform their contractual duties entitles the other party to what equitable remedy that involves canceling the contract?

What is the primary legal justification for why courts refuse to grant specific performance for personal-service contracts?

What is the general effect of the Uniform Commercial Code (UCC) on the common law doctrine of election of remedies?

If a seller breaches a contract for the sale of land by refusing to convey title, what is the buyer's usual remedy?

If Jackson contracts to buy potatoes from Stanley at fifty cents a pound and Stanley breaches, but Jackson is then able to buy the potatoes on the open market for twenty-five cents a pound, what type of damages is Jackson likely to be awarded in a lawsuit against Stanley?

If a waiver of breach occurs, what happens to the underlying contract?

A court-ordered remedy that requires a party to return goods, property, or funds that they were unjustly enriched with is known as:

In the context of construction contracts, if an owner breaches before the contractor has begun performance, what can the contractor recover?

Which of the following remedies are generally inconsistent with each other, requiring a plaintiff to choose between them under the common law doctrine of election of remedies?

If a contract contains a penalty clause, how will a court typically treat that clause?

A seller's breach of contract for the sale of a rare, one-of-a-kind painting would most likely lead a court to grant which remedy to the buyer?

What is the standard measure of compensatory damages?

Why might a wrongfully terminated employee's damage award be reduced?

Recovery in quantum meruit, meaning 'as much as he or she deserves', is associated with which contract theory?

If a contract to sell land is breached by the seller, but specific performance is unavailable because the seller has already sold the land to someone else, what is the buyer's remedy?

What is the purpose of the equitable remedy of restitution?

When a court allows a plaintiff to plead for both rescission and monetary damages in their initial complaint, this procedural allowance is known as: