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__________ damages are measured on the basis of extent of shock to the sentiments of promisee
- a)Vindictive
- b)Nominal
- c)Loss of reputation
- d)Discomfort
Correct answer is option 'A'. Can you explain this answer?
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__________ damages are measured on the basis of extent of shock to the...
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- a)Vindictive damages are measured on the basis of extent of shock to the sentiments of promise.
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__________ damages are measured on the basis of extent of shock to the...
Explanation:
In the context of contract law, damages refer to the monetary compensation awarded to the aggrieved party for the losses suffered due to the breach of contract by the other party. The extent of damages depends on the nature and extent of the loss suffered by the aggrieved party. There are different types of damages that may be awarded in a breach of contract case, depending on the circumstances of the case.
Vindictive Damages:
Vindictive damages, also known as punitive damages, are awarded to punish the party that breached the contract for their misconduct. These damages are not intended to compensate the aggrieved party for their loss, but rather to deter the breaching party from engaging in similar misconduct in the future. In other words, vindictive damages are awarded to make an example out of the breaching party and to discourage others from engaging in similar conduct.
Nominal Damages:
Nominal damages are awarded when the aggrieved party suffers a breach of contract, but the loss suffered is minimal or negligible. These damages are usually a token amount, such as one dollar, awarded to recognize that a breach of contract occurred, but that the aggrieved party did not suffer any significant loss.
Loss of Reputation Damages:
Loss of reputation damages are awarded when the breach of contract causes damage to the reputation of the aggrieved party. These damages are awarded to compensate the aggrieved party for the harm caused to their reputation as a result of the breach of contract.
Discomfort Damages:
Discomfort damages are awarded when the breach of contract causes mental distress or discomfort to the aggrieved party. These damages are awarded to compensate the aggrieved party for the emotional distress caused by the breach of contract.
Conclusion:
In conclusion, vindictive damages are awarded to punish the breaching party for their misconduct, while nominal damages are awarded when the loss suffered is minimal. Loss of reputation damages are awarded when the breach of contract causes damage to the reputation of the aggrieved party, and discomfort damages are awarded when the breach of contract causes mental distress or discomfort to the aggrieved party.
In the context of contract law, damages refer to the monetary compensation awarded to the aggrieved party for the losses suffered due to the breach of contract by the other party. The extent of damages depends on the nature and extent of the loss suffered by the aggrieved party. There are different types of damages that may be awarded in a breach of contract case, depending on the circumstances of the case.
Vindictive Damages:
Vindictive damages, also known as punitive damages, are awarded to punish the party that breached the contract for their misconduct. These damages are not intended to compensate the aggrieved party for their loss, but rather to deter the breaching party from engaging in similar misconduct in the future. In other words, vindictive damages are awarded to make an example out of the breaching party and to discourage others from engaging in similar conduct.
Nominal Damages:
Nominal damages are awarded when the aggrieved party suffers a breach of contract, but the loss suffered is minimal or negligible. These damages are usually a token amount, such as one dollar, awarded to recognize that a breach of contract occurred, but that the aggrieved party did not suffer any significant loss.
Loss of Reputation Damages:
Loss of reputation damages are awarded when the breach of contract causes damage to the reputation of the aggrieved party. These damages are awarded to compensate the aggrieved party for the harm caused to their reputation as a result of the breach of contract.
Discomfort Damages:
Discomfort damages are awarded when the breach of contract causes mental distress or discomfort to the aggrieved party. These damages are awarded to compensate the aggrieved party for the emotional distress caused by the breach of contract.
Conclusion:
In conclusion, vindictive damages are awarded to punish the breaching party for their misconduct, while nominal damages are awarded when the loss suffered is minimal. Loss of reputation damages are awarded when the breach of contract causes damage to the reputation of the aggrieved party, and discomfort damages are awarded when the breach of contract causes mental distress or discomfort to the aggrieved party.
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__________ damages are measured on the basis of extent of shock to the sentiments of promiseea)Vindictiveb)Nominalc)Loss of reputationd)DiscomfortCorrect answer is option 'A'. Can you explain this answer?
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__________ damages are measured on the basis of extent of shock to the sentiments of promiseea)Vindictiveb)Nominalc)Loss of reputationd)DiscomfortCorrect answer is option 'A'. Can you explain this answer? for CA Foundation 2025 is part of CA Foundation preparation. The Question and answers have been prepared according to the CA Foundation exam syllabus. Information about __________ damages are measured on the basis of extent of shock to the sentiments of promiseea)Vindictiveb)Nominalc)Loss of reputationd)DiscomfortCorrect answer is option 'A'. Can you explain this answer? covers all topics & solutions for CA Foundation 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for __________ damages are measured on the basis of extent of shock to the sentiments of promiseea)Vindictiveb)Nominalc)Loss of reputationd)DiscomfortCorrect answer is option 'A'. Can you explain this answer?.
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