Only those consequential damages that are known or foreseeable can be collected.

Question

Quizplus · Accepted Answer

This is because consequential damages refer to indirect losses or damages that are a result of the breach of contract and are not the immediate or direct losses suffered by the aggrieved party. The damages that can be collected must be those that were foreseeable or could have been foreseen by both parties at the time of entering the contract. Therefore, only those consequential damages that were known or foreseeable can be collected.

Only Those Consequential Damages That Are Known or Foreseeable Can