Under contract law, damages are the monetary settlements awarded to a person who is injured by a breach of contract.

Question

Quizplus · Accepted Answer

This is correct. Damages are a common remedy in contract law and are awarded to compensate the injured party for any losses suffered as a result of the breach. These can include compensatory damages, punitive damages, or liquidated damages, depending on the circumstances of the case.

Under Contract Law, Damages Are the Monetary Settlements Awarded to a Person