High School

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Question 4.1 Management

Answer Parts a - c:

a. Compensatory damages are foreseeable damages that arise from a party's breach of contract. True/False

b. A house cannot be robbed. True/False

c. A contract is void if one of the parties was intoxicated at the time of its formation. True/False

Answer :

a. Compensatory damages are foreseeable damages that arise from a party's breach of contract. True b. A house cannot be robbed. False c. A contract is void if one of the party's was intoxicated at the time of its formation.

Compensatory damages are foreseeable damages that arise from a party's breach of contract. True/FalseCompensatory damages are the damages that are awarded to the injured party in order to compensate them for the loss that they have suffered due to the actions of the other party. These damages are usually awarded when a party has breached a contract.

Compensatory damages are foreseeable damages that arise from a party's breach of contract. Therefore, this statement is true. b. A house cannot be robbed.

True/False This statement is false. A house can be robbed. Robbery is the act of stealing from a place or a person. Therefore, this statement is false. c.

A contract is void if one of the party's was intoxicated at the time of its formation.

True/False This statement is false. A contract is not void if one of the party's was intoxicated at the time of its formation. A contract is voidable if one of the parties was intoxicated or under duress at the time of its formation.

This means that the party who was intoxicated or under duress can choose to either affirm or void the contract. Therefore, this statement is false.

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