In: Finance
Which of the following is the best description of special damages?
A. Damages which are calculated as the difference between the value of a contract and the value (if any) of the defendant's performance of the contract.
B. Quality of life damages in a contract case.
C. Easily-documented damages in a tort case.
D. Damages which are calculated based on financial losses that are caused by the defendant's breach of contract.
Answer-
The correct option is C. The description of Special damages is Easily documented damages in a trot case.
The other options are incorret.
Option A is the description of the calculation of the
damages.
Option B is the explanation of general damages.
Option D is the description of the Consequential damages.