Ordinary damages are Claimed on breach of a Contract.a)Trueb)Falsec)No...
Explanation:
Introduction to Ordinary Damages:
Ordinary damages, also known as compensatory damages, are the most common type of damages claimed in a breach of contract case. These damages are intended to compensate the non-breaching party for the loss or harm they have suffered as a result of the breach.
Claiming Ordinary Damages:
When a contract is breached, the non-breaching party can claim ordinary damages by filing a lawsuit against the breaching party. In order to claim ordinary damages, the non-breaching party must prove that they have suffered actual harm or loss as a direct result of the breach.
Types of Ordinary Damages:
1. Expectation Damages: Expectation damages are designed to put the non-breaching party in the position they would have been in if the contract had been fully performed. This type of damages seeks to compensate the non-breaching party for the benefit they expected to receive under the contract.
2. Reliance Damages: Reliance damages are awarded when the non-breaching party has incurred expenses or made preparations in reliance on the contract. This type of damages seeks to compensate the non-breaching party for the costs they have incurred as a result of the breach.
3. Consequential Damages: Consequential damages are awarded when the non-breaching party has suffered additional losses that were not directly caused by the breach itself, but were a foreseeable consequence of the breach. This type of damages seeks to compensate the non-breaching party for the indirect or consequential losses they have suffered.
Conclusion:
In conclusion, ordinary damages are claimed on breach of a contract. These damages are intended to compensate the non-breaching party for the loss or harm they have suffered as a result of the breach. The non-breaching party can claim different types of ordinary damages, such as expectation damages, reliance damages, and consequential damages, depending on the circumstances of the case.
Ordinary damages are Claimed on breach of a Contract.a)Trueb)Falsec)No...
Explanation:
1. Ordinary damages:
- Ordinary damages are claimed on breach of a contract.
- Ordinary damages refer to the compensation or monetary amount that the party who suffered a loss is entitled to receive as a result of a breach of contract.
- These damages are generally awarded to compensate for the actual loss suffered by the non-breaching party.
2. Types of damages:
- In contract law, there are different types of damages that can be claimed for a breach of contract.
- Apart from ordinary damages, there are also special damages, consequential damages, and nominal damages.
3. Special damages:
- Special damages are damages that are not a direct result of the breach of contract but are still reasonably foreseeable.
- These damages are specific to the particular circumstances of the case and may include additional costs or expenses incurred as a result of the breach.
4. Consequential damages:
- Consequential damages are damages that arise as a result of the breach of contract but are not directly caused by it.
- These damages are typically awarded when the non-breaching party can show that they suffered additional losses or damages as a consequence of the breach.
5. Nominal damages:
- Nominal damages are damages that are awarded when the non-breaching party has not suffered any actual loss or damage.
- These damages are awarded as a symbolic gesture to acknowledge that a breach of contract has occurred.
Conclusion:
- In summary, ordinary damages are indeed claimed on breach of a contract.
- However, it is important to note that there are other types of damages that can also be claimed depending on the circumstances of the case.
To make sure you are not studying endlessly, EduRev has designed CA Foundation study material, with Structured Courses, Videos, & Test Series. Plus get personalized analysis, doubt solving and improvement plans to achieve a great score in CA Foundation.