CAF-4 · Chapter 10 · Question 5 of 12
The primary purpose of awarding damages for breach of contract is:
Test yourself: pick an answer
Reveal answer & explanation
Correct answer: C) To place the injured party in the same financial position as if the contract had been performed.
Explanation
The object of damages is compensatory, not punitive. It aims to restore the injured party's 'expectation interest'.
More Remedies for breach of contract MCQs
- Q7An order of the court requiring a party to carry out their specific promise as per the contract is known as:
- Q8In which cases is 'Specific Performance' usually NOT granted?
- Q9A court order restraining a person from doing a particular act (like working for a rival) is called an:
- Q10The term 'Quantum Meruit' literally means:
- Q11Ordinary damages are also known as: