Types of Damages in Contract Law

Types of Damages in Contract Law

Assessment

Interactive Video

Business, Social Studies

University

Hard

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The video tutorial explains various types of damages in contract law, including compensatory, consequential, liquidated, and nominal damages. It discusses how these damages are calculated and applied in cases of contract breaches. The tutorial also covers specific performance and rescission as remedies, highlighting when they are applicable. Examples are provided to illustrate each type of damage and remedy.

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What new insight or understanding did you gain from this video?

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