True of monetary damages, Which of the following is true of

True of monetary damages

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Reference no: EM132233726

1. Which of the following is true of monetary damages?

a. Compensatory damages are not monetary damages.

b. Monetary damages are available only for material breaches of contract.

c. Dollar damages are not monetary damages.

d. Consequential damages are monetary damages.

2. Which of the following does NOT have to be in writing under the statute of frauds?

a. Executory contracts that cannot be performed within a year.

b. Agent contract to sell real property.

c. Guaranty contracts.

d. Sales of goods costing $300 or more.

3. Which of the following phrases explain the term covenant?

a. an unconditional promise to perform

b. a breach of contract

c. mutual rescission of a contract

d. successive assignments of a right

Reference no: EM132233726

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