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LENB Discharge and remedies- Questions & Answers
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LENB Discharge and remedies- Questions & Answers
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LENB Discharge and remedies-Questions & Answers
Which of the following is not a factor a party should consider before filing suit for a breach of
contract? Correct Ans-the likelihood that the court will mandate binding arbitration in lieu of
a trial
Commercial ______ is used when performance is still objectively possible but would be
extraordinarily injurious or expensive to one party. Correct Ans-impracticability
Which of the following is an accurate statement regarding legal remedies and equitable
remedies for a breach of contract? Correct Ans-Both legal remedies and equitable remedies
are potentially available in a breach of contract action.
According to the Restatement (Second) of Contracts, discharge by reason of commercial
impracticability requires the party claiming the discharge to prove all but which of the
following? Correct Ans-The party claiming discharge was the victim of undue influence.
Where did the frustration of purpose doctrine originate? Correct Ans-England
Which of the following is not a factor a party should consider before filing suit for a breach of
contract? Correct Ans-The potential quality of a court-appointed attorney if the plaintiff
cannot afford legal representation
Which of the following is an incorrect statement regarding legal remedies and equitable
remedies for a breach of contract? Correct Ans-Equitable remedies and legal remedies are
known as money damages.
Which of the following is not a category of monetary damages for a breach of
contract? Correct Ans-transitional
, Which of the following is an accurate statement regarding legal remedies and equitable
remedies for a breach of contract? Correct Ans-Both legal remedies and equitable remedies
are potentially available in a breach of contract action.
The most frequently awarded damages are ______ damages. Correct Ans-compensatory
Suppose Jeremy was illegally terminated by his employer before his employment contract term
was complete. If Jeremy has to spend money to find another job, such expenditures would be
considered ______ damages. Correct Ans-incidental
The calculation of damages on a contract for sale of goods is governed by the
__________. Correct Ans-Uniform Commercial Code
Monetary damages for a breach of contract are also known as ______ damages. Correct Ans-
legal
______ damages are designed to put a plaintiff in the position he would have been in had the
contract been fully performed. Correct Ans-Compensatory
In addition to losing the benefit of a bargain, a plaintiff may suffer other losses caused directly
by a breach. These losses may be compensated as ______ damages. Correct Ans-incidental
Which of the following is not a category of monetary damages for a breach of
contract? Correct Ans-Transitional
______ damages are also known as special damages. Correct Ans-Consequential
______ damages are designed to punish the defendant and deter him and others from engaging
in similar behavior in the future. Correct Ans-Punitive
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