Business Studies · Breach of Contract and Remedies
Monetary compensation awarded to remedy the actual loss suffered by a party as a direct consequence of a breach of contract is known as:
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Special damages
- 2Nominal damages
- 3Incidental damages
- 4Compensatory damages✓
Correct answer
Compensatory damages
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