Which of the following sanctions are awarded with the objective of ensuring that a party be in as good a position as he or she would have been in had the contract been performed?
A) Punitive damages
B) Compensatory damages
C) Incidental damages
D) Exemplary damages
E) Liquidation damages

Question

Quizplus · Accepted Answer

Compensatory damages are awarded to make the victim of the breach "whole" in the economic sense. Such damages compensate a party for all losses that are the direct and foreseeable result of the breach of contract. The objective is that the party be in as good a position as he or she would have been in had the contract been performed.

Which of the Following Sanctions Are Awarded with the Objective