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The damages which are not Natural and direct are known as :
- a)Penalty
- b)Liquidated damages
- c)Ordinary damages
- d)Remote damages
Correct answer is option 'D'. Can you explain this answer?
Most Upvoted Answer
The damages which are not Natural and direct are known as :a)Penaltyb)...
Remote damages are damages from an injury not occurring directly from and as a natural result of the wrong complained of. They are damages of an unusual and speculative nature.
Any damage occurring from a defendant's act that cannot reasonably be anticipated by the defendant, or that is not the natural and ordinary result of such act is remote damage. A defendant will typically not be held liable for remote damages to a plaintiff's person or property.
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The damages which are not Natural and direct are known as :a)Penaltyb)...
Remote damages are the damages which are not natural and direct. In other words, these are the damages that are not a direct result of the breach of contract, but are an indirect or consequential result of the breach. These damages are also known as consequential damages.
Explanation:
When a party breaches a contract, the damaged party is entitled to receive compensation for the losses incurred as a result of the breach. These losses can be of two types – direct and indirect. Direct damages are the losses that are a direct result of the breach of contract. For example, if a buyer fails to pay for the goods that he has received, the direct damages would be the amount of money that the seller would have received if the buyer had paid for the goods.
On the other hand, remote damages are the losses that are not a direct result of the breach of contract, but are an indirect or consequential result of the breach. For example, if the seller fails to deliver the goods on time, the buyer may suffer losses due to delay in the production process or loss of sales opportunities. These losses are not a direct result of the breach, but are an indirect consequence of the breach.
Conclusion:
In conclusion, remote damages are those damages that are not a direct result of the breach of contract, but are an indirect consequence of the breach. These damages are also known as consequential damages and are awarded to compensate the damaged party for the losses incurred due to the breach of contract.
Explanation:
When a party breaches a contract, the damaged party is entitled to receive compensation for the losses incurred as a result of the breach. These losses can be of two types – direct and indirect. Direct damages are the losses that are a direct result of the breach of contract. For example, if a buyer fails to pay for the goods that he has received, the direct damages would be the amount of money that the seller would have received if the buyer had paid for the goods.
On the other hand, remote damages are the losses that are not a direct result of the breach of contract, but are an indirect or consequential result of the breach. For example, if the seller fails to deliver the goods on time, the buyer may suffer losses due to delay in the production process or loss of sales opportunities. These losses are not a direct result of the breach, but are an indirect consequence of the breach.
Conclusion:
In conclusion, remote damages are those damages that are not a direct result of the breach of contract, but are an indirect consequence of the breach. These damages are also known as consequential damages and are awarded to compensate the damaged party for the losses incurred due to the breach of contract.
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The damages which are not Natural and direct are known as :a)Penaltyb)Liquidated damagesc)Ordinary damagesd)Remote damagesCorrect answer is option 'D'. Can you explain this answer?
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The damages which are not Natural and direct are known as :a)Penaltyb)Liquidated damagesc)Ordinary damagesd)Remote damagesCorrect answer is option 'D'. 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 The damages which are not Natural and direct are known as :a)Penaltyb)Liquidated damagesc)Ordinary damagesd)Remote damagesCorrect answer is option 'D'. 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 The damages which are not Natural and direct are known as :a)Penaltyb)Liquidated damagesc)Ordinary damagesd)Remote damagesCorrect answer is option 'D'. Can you explain this answer?.
The damages which are not Natural and direct are known as :a)Penaltyb)Liquidated damagesc)Ordinary damagesd)Remote damagesCorrect answer is option 'D'. 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 The damages which are not Natural and direct are known as :a)Penaltyb)Liquidated damagesc)Ordinary damagesd)Remote damagesCorrect answer is option 'D'. 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 The damages which are not Natural and direct are known as :a)Penaltyb)Liquidated damagesc)Ordinary damagesd)Remote damagesCorrect answer is option 'D'. Can you explain this answer?.
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