13:35 D Question 12 5 pts A breach of contract is the nonperformance of a contra

Question

13:35 D Question 12 5 pts A breach of contract is the nonperformance of a contractual duty. O True O False DQuestion 13 10 pts Choose all that apply The types of damages available in a breach of contract are: O Punitive Damages O Sale of Land Specific Performance Sale of Goods: difference between contract and market price D Question 14 5 pts If a baker notifies you that he will not deliver the bread for your restaurant. You must try to find bread even if it costs more money, or your damages may be reduced or denied in a lawsuit O True O False 5 pts

Explanation / Answer

12. True. A breach of contract is the non-performance of the contractual obligations by any party within the given time frame. A breach of contract may bring a legal action if the parties claim that the contract is breached.

13. The kind of damages which are covered under the breach of contract is; consequential damages (these are the damages arise naturally or consequently), special (wherein the party at loss can claim not only the difference but the amount of loss due to the promises made further) and vindictive damages(mostly related to the injury caused to the feelings). In case of sale of land, the difference between contract and the market price is considered not the performance per se. In case of goods though, performance is considered. The punitive damages on other hand are rarely compensated. So, (a) consequential damages.

14. Since the bread is an essential ingredient, the bread must be found at any other place even if it cost more. Plus in order to sue in law, the contract must be in written which is not the case here. So, true.

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