A small breach of contract damage amount fixed without regard to the amount of loss is known as:
A) reliance damages.
B) out-of-pocket damages.
C) nominal damages.
D) minimal damages.

Question

Quizplus · Accepted Answer

Nominal damages are awarded in breach of contract cases where a breach occurred, but the non-breaching party did not suffer a quantifiable financial loss, or the loss was very minor. These damages are symbolic, acknowledging the breach rather than compensating for a significant loss.

A Small Breach of Contract Damage Amount Fixed Without Regard