Global Enterprise Corporation enters into a contract with HealthCare Insurance Company to obtain insurance for Global employees. If HealthCare breaches the contract and Global is awarded compensatory damages,the purpose would be to
A)establish,as a matter of principle,that HealthCare acted wrongfully.
B)provideGlobal with funds for a foreseeable loss beyond the contract.
C)provideGlobal with funds for its loss of the bargain.
D)punishHealthCare and deter others from similar acts.

Question

Quizplus · Accepted Answer

Compensatory damages aim to cover the loss of the bargain, putting the injured party in the position they would have been in if the contract had been fulfilled.

Global Enterprise Corporation Enters into a Contract with HealthCare Insurance