True or false: breach and remedy

Exercise and reference answers

Questions

1. Statement is true

   Yes

   Statement

   The party who suffers a breach is entitled to compensation.

2. Statement is true

   Yes

   Statement

   Compensation is claimed from the party who broke the contract.

3. Statement is true

   No

   Statement

   A broken contract leaves the injured party with no remedy at all.

4. Statement is true

   Yes

   Statement

   Compensation is for loss or damage caused by the breach.

Instructions

Decide whether each statement about breach is true or false.

Explanation