CA Foundation Exam > CA Foundation Questions > Generally, which of the following damages are...
Start Learning for Free
Generally, which of the following damages are not recoverable?
- a)Ordinary damages
- b)Special damages
- c)Remote damages
- d)Nominal damages
Correct answer is option 'C'. Can you explain this answer?
Most Upvoted Answer
Generally, which of the following damages are not recoverable?a)Ordina...
Damages that are not recoverable
Remote damages are not recoverable as they are too far removed from the breach of contract. These damages are not a natural consequence of the breach of contract and are not foreseeable by the parties at the time of entering into the contract.
Explanation:
a) Ordinary damages: Ordinary damages are the damages that flow naturally from the breach of contract. These damages are also known as general damages and are recoverable if they are foreseeable by the parties at the time of entering into the contract. For example, if a seller breaches a contract to deliver goods to a buyer, the buyer can claim damages for the cost of buying the goods from another seller.
b) Special damages: Special damages are the damages that do not flow naturally from the breach of contract but arise from the special circumstances of the case. These damages are also known as consequential damages and are recoverable if they are foreseeable by the parties at the time of entering into the contract. For example, if a seller breaches a contract to deliver goods to a buyer, and the buyer loses a specific business contract as a result of the breach, the buyer can claim damages for the loss of the business contract.
c) Remote damages: Remote damages are the damages that are too far removed from the breach of contract. These damages are not a natural consequence of the breach of contract and are not foreseeable by the parties at the time of entering into the contract. For example, if a seller breaches a contract to deliver goods to a buyer, and the buyer's factory is destroyed in a fire before the goods are delivered, the buyer cannot claim damages for the loss of the factory as it is too remote from the breach of contract.
d) Nominal damages: Nominal damages are the damages that are awarded to the aggrieved party to vindicate their legal rights. These damages are awarded even if the aggrieved party has not suffered any actual loss as a result of the breach of contract. For example, if a seller breaches a contract to deliver goods to a buyer, and the buyer has not suffered any actual loss, the buyer can claim nominal damages to vindicate their legal rights.
Remote damages are not recoverable as they are too far removed from the breach of contract. These damages are not a natural consequence of the breach of contract and are not foreseeable by the parties at the time of entering into the contract.
Explanation:
a) Ordinary damages: Ordinary damages are the damages that flow naturally from the breach of contract. These damages are also known as general damages and are recoverable if they are foreseeable by the parties at the time of entering into the contract. For example, if a seller breaches a contract to deliver goods to a buyer, the buyer can claim damages for the cost of buying the goods from another seller.
b) Special damages: Special damages are the damages that do not flow naturally from the breach of contract but arise from the special circumstances of the case. These damages are also known as consequential damages and are recoverable if they are foreseeable by the parties at the time of entering into the contract. For example, if a seller breaches a contract to deliver goods to a buyer, and the buyer loses a specific business contract as a result of the breach, the buyer can claim damages for the loss of the business contract.
c) Remote damages: Remote damages are the damages that are too far removed from the breach of contract. These damages are not a natural consequence of the breach of contract and are not foreseeable by the parties at the time of entering into the contract. For example, if a seller breaches a contract to deliver goods to a buyer, and the buyer's factory is destroyed in a fire before the goods are delivered, the buyer cannot claim damages for the loss of the factory as it is too remote from the breach of contract.
d) Nominal damages: Nominal damages are the damages that are awarded to the aggrieved party to vindicate their legal rights. These damages are awarded even if the aggrieved party has not suffered any actual loss as a result of the breach of contract. For example, if a seller breaches a contract to deliver goods to a buyer, and the buyer has not suffered any actual loss, the buyer can claim nominal damages to vindicate their legal rights.
Free Test
FREE
| Start Free Test |
Community Answer
Generally, which of the following damages are not recoverable?a)Ordina...
Section 73 para 2 of indian contract act 1872 ,lays down that remote and indirect damages can not be recovered.
|
Explore Courses for CA Foundation exam
|
|
Similar CA Foundation Doubts
Top Courses for CA FoundationView all
Generally, which of the following damages are not recoverable?a)Ordinary damagesb)Special damagesc)Remote damagesd)Nominal damagesCorrect answer is option 'C'. Can you explain this answer?
Question Description
Generally, which of the following damages are not recoverable?a)Ordinary damagesb)Special damagesc)Remote damagesd)Nominal damagesCorrect answer is option 'C'. 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 Generally, which of the following damages are not recoverable?a)Ordinary damagesb)Special damagesc)Remote damagesd)Nominal damagesCorrect answer is option 'C'. 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 Generally, which of the following damages are not recoverable?a)Ordinary damagesb)Special damagesc)Remote damagesd)Nominal damagesCorrect answer is option 'C'. Can you explain this answer?.
Generally, which of the following damages are not recoverable?a)Ordinary damagesb)Special damagesc)Remote damagesd)Nominal damagesCorrect answer is option 'C'. 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 Generally, which of the following damages are not recoverable?a)Ordinary damagesb)Special damagesc)Remote damagesd)Nominal damagesCorrect answer is option 'C'. 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 Generally, which of the following damages are not recoverable?a)Ordinary damagesb)Special damagesc)Remote damagesd)Nominal damagesCorrect answer is option 'C'. Can you explain this answer?.
Solutions for Generally, which of the following damages are not recoverable?a)Ordinary damagesb)Special damagesc)Remote damagesd)Nominal damagesCorrect answer is option 'C'. Can you explain this answer? in English & in Hindi are available as part of our courses for CA Foundation.
Download more important topics, notes, lectures and mock test series for CA Foundation Exam by signing up for free.
Here you can find the meaning of Generally, which of the following damages are not recoverable?a)Ordinary damagesb)Special damagesc)Remote damagesd)Nominal damagesCorrect answer is option 'C'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of
Generally, which of the following damages are not recoverable?a)Ordinary damagesb)Special damagesc)Remote damagesd)Nominal damagesCorrect answer is option 'C'. Can you explain this answer?, a detailed solution for Generally, which of the following damages are not recoverable?a)Ordinary damagesb)Special damagesc)Remote damagesd)Nominal damagesCorrect answer is option 'C'. Can you explain this answer? has been provided alongside types of Generally, which of the following damages are not recoverable?a)Ordinary damagesb)Special damagesc)Remote damagesd)Nominal damagesCorrect answer is option 'C'. Can you explain this answer? theory, EduRev gives you an
ample number of questions to practice Generally, which of the following damages are not recoverable?a)Ordinary damagesb)Special damagesc)Remote damagesd)Nominal damagesCorrect answer is option 'C'. Can you explain this answer? tests, examples and also practice CA Foundation tests.
|
|
Explore Courses for CA Foundation exam
|
|
Signup for Free!
Signup to see your scores go up within 7 days! Learn & Practice with 1000+ FREE Notes, Videos & Tests.
|
© EduRev
|
Education Revolution
|
|
Signup to see your scores
go up within 7 days!
Access 1000+ FREE Docs, Videos and Tests
Takes less than 10 seconds to signup