Unit 7 Remedies Quiz

Which has the closest meaning to a governing law clause?

What is injunctive relief?

What is the American Rule on attorneys fees?

Which of the following is treated as a cost of litigation?

May a party receive compensatory damages in addition to liquidated damages?

What types of damages are most common in contract cases?

What is the usual rule for awarding damages?

The nonbreaching party should be restored to its position prior to the breach
The nonbreaching party should be placed in the position it would have been if it had received the “benefit of the bargain”
The nonbreaching party should receive sufficient compensation such that the breaching party will be reluctant to breach any other contract
The breaching and nonbreaching parties should receive the benefit of the bargain

Which of the following is an example of specific performance?

A court orders the defendant to pay punitive damages
A court orders the defendant to pay actual damages
A court declares that a contract is unenforceable
A court orders the defendant to sell his land pursuant to his obligations in a contract

What is rescission of contract?

Which of the following would most likely prompt rescission of a contract?