QuestionAugust 4, 2025

Consequential damages are also known as __ Multiple Choice incidental damages. nominal damages. liquidated damages. special damages.

Consequential damages are also known as __ Multiple Choice incidental damages. nominal damages. liquidated damages. special damages.
Consequential damages are also known as __
Multiple Choice
incidental damages.
nominal damages.
liquidated damages.
special damages.

Solution
4.6(119 votes)

Answer

special damages. Explanation Consequential damages refer to losses that occur as a direct result of an event, often beyond the immediate scope of the contract. They are also known as special damages because they cover indirect losses that were foreseeable at the time of the contract.

Explanation

Consequential damages refer to losses that occur as a direct result of an event, often beyond the immediate scope of the contract. They are also known as special damages because they cover indirect losses that were foreseeable at the time of the contract.
Click to rate:

Similar Questions