BUSINESS LAW 1
14 . Which of the following is required for a negligence claim?
a) the defendant had a duty to the plaintiff
b) the defendant a cted with malice
c) the plaintiff did not consent to the defendant’s act
d) the defendant knew that injury was substantially certain to result
from his act ____
15 . When a contract provides an agreed - upon measure of damages for breach because
the parties anticipate that actual damages in the event of breach would be uncertain
or difficult to prove, the agreed - upon damages are called:
a) expectation damages
b) reliance damages
c) actual damages
d) liquidated damages ___
14. a. the defendant had a duty to the plaintiff
In general, terms, when someone is acting carelessly and the act (or the inaction) results in an injury, the “negligence” clause and principle apply to the situation. The person committing the negligence is legally liable to the person that has suffered harm. The important elements of a negligence claim include:
15. d. liquidated damages
Also called as liquidated and ascertained damages, the liquidated damages are damages whose compensation amount is designated during the formation of the contract itself. If breach damage actually occurs, the predesignated compensation amount will be collected by the injured party. Liquidated damages are for specific breaches, for instance, late performance.
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