Consequential damages - Study guides, Class notes & Summaries

ACC 480 Exam 2 Questions And Answers 100% Verified Damages are the ________ of remedies - answerbasic Damages usually consist of ______________ - answermoney Rescission and Restitution usually...... - answerrestore the contract back before it it ever happened What type of damage..... You have a classroom and want to buy 10 tables for $100 each from a vendor. The vendor accepts and then comes back and says he will not do the deal. The next deal you find is $120 per table. You can sue the...

what is strict performance? - Answer-recquires one party to fufill obligation and there is no deviation from the contract; obligation must be expressly demanded within the contract & the demand must be reasonable what is substantial performance? - Answer-1 party fulfills enough of the contract to obtain a warrant of payment what results from a failed substantial performance? - Answer-the party that fails to perform will receive nothing in the contract itself & will recover only the value o...

Consequential damages A payment awarded by a court to indemnify an injured party for losses that result indirectly from a wrong such as a breach of contract. Liquidated damages A reasonable estimation of actual damages, agreed to by contracting parties and included in the contract, to be paid in the event of a breach for negligence. Nominal damages An award that indicates that while the plaintiff has sustained some harm, the injury is not one warranting substantial monetary relief. One ...

New York State Auto Damage and Theft quiz17-71 Exam Updated 2024 with complete solution. 1. Jim Smith is involved in a collision claim and is no longer able to use the vehicle to go to work. This "loss of use" is referred to as a: Direct loss Indirect loss Loss evaluation Consequential loss: Consequential loss 2. When the rear of the vehicle is damaged and there is a gap between the trunk lid and the quarter panel, what else on the vehicle should the appraisercheck? The center pillar T...

Consequential also known as Indirect Loss CORRECT ANS an insured's business is damaged because of a fire and he is forced to close business temporarily for repairs. As a result, the insured lost income. What type of loss is this? Combined Single CORRECT ANS The insured crashes into a porch and the person sitting on the porch. The person on the porch is injured. The insured's insurance policy has a limit set at $500,000. This amount applies to the total of damages for any bodily injury and prop...

ACC 480 Exam 2 Questions And Answers 100% Verified Damages are the ________ of remedies - answerbasic Damages usually consist of ______________ - answermoney Rescission and Restitution usually...... - answerrestore the contract back before it it ever happened What type of damage..... You have a classroom and want to buy 10 tables for $100 each from a vendor. The vendor accepts and then comes back and says he will not do the deal. The next deal you find is $120 per table. You can sue the...

ACC 480 Exam 2 Questions And Answers 100% Verified Damages are the ________ of remedies - answerbasic Damages usually consist of ______________ - answermoney Rescission and Restitution usually...... - answerrestore the contract back before it it ever happened What type of damage..... You have a classroom and want to buy 10 tables for $100 each from a vendor. The vendor accepts and then comes back and says he will not do the deal. The next deal you find is $120 per table. You can sue the...

443-health management stipulated sum sole prime general contract - correct answer-work is clearly defined in the contract documents and is done for a fixed, agreed upon amount of money. consequential damages - correct answer-indirect losses that result from wrongdoing by one party joinder - correct answer-The uniting of parties or claims in a single lawsuit binding arbitration - correct answer-process whereby a neutral party hears arguments from two opposing sides and makes a decision tha...

Contract - ANS agreement between 2 or more parties creating obligations that are enforceable in court or otherwise recognizable at law. What questions should you consider about contracts? - ANS Is document employer or employee friendly? What is effective duration from the employee's point of view? How much discretion has the employer retained? What may be the worst provision for the employee How is a consulting agreement different from an employee agreement? - ANS ...

BUL 3310 Exam 2 FSU Bailey - Questions and Answers (Complete Solutions) Which of the following describes the duty of a landowner to a trespasser under the common law? The duty to warn of obvious dangers The duty to warn of hidden dangers The duty not to entrap the trespasser on the premises The duty to make certain that the premises are absolutely safe The doctrine that creates a rebuttable presumption that a defendant was negligent based on the nature and circumstances of the injury is Res ip...