Exemplary Damages in Contract Law

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What type of damages may be awarded in cases of fraudulent misrepresentation?

Nominal damages only

Compensatory damages only

Aggravated damages only

Exemplary damages only (correct)

In the Tort of Deceit, what is the aim of the damages awarded to the Claimant?

To benefit the legal system

To punish the defendant

To compensate for the loss suffered (correct)

To deter fraudulent behavior in society

According to 'The Wagon Mound (No. 1)', in fraudulent misrepresentation cases, who is liable for losses that are a reasonable foreseeable consequence of the misrepresentation?

The court decides liability

The Claimant only

The defendant only (correct)

Both the Claimant and the defendant

In cases of contributory negligence in fraudulent misrepresentation, how can damages be affected?

Reduced Signup and view all the answers

What is the general rule regarding the claim for loss of profits on a contract?

It is never allowed Signup and view all the answers

What legislation addresses contributory negligence in certain situations?

Law Reform (Contributory Negligence) Act 1945 Signup and view all the answers

Under what circumstances may some damages for loss of profits be recovered despite the general principle?

If certain conditions are met Signup and view all the answers

What is the general principle regarding the claimant's ability to claim loss of profits on a contract in cases of fraudulent misrepresentation?

The claimant can claim loss of profits on the contract in some circumstances Signup and view all the answers

What type of damages may be awarded in cases of fraudulent misrepresentation?

Both compensatory and exemplary/punitive damages Signup and view all the answers

How can damages be affected in cases of contributory negligence in fraudulent misrepresentation?

Damages can be reduced by the amount of the claimant's contributory negligence Signup and view all the answers

What is the aim of the damages awarded to the claimant in the Tort of Deceit?

To put the claimant in the position they would have been in if the tort had not been committed Signup and view all the answers

According to 'The Wagon Mound (No. 1)', who is liable for losses that are a reasonable foreseeable consequence of the fraudulent misrepresentation?

The defendant Signup and view all the answers

What legislation addresses contributory negligence in certain situations involving fraudulent misrepresentation?

The Law Reform (Contributory Negligence) Act 1945 Signup and view all the answers

Under what circumstances may some damages for loss of profits be recovered despite the general principle?

Damages for loss of profits may be recovered in some circumstances, as mentioned in the text Signup and view all the answers

What is the relationship between contributory negligence and fraudulent misrepresentation according to the text?

Contributory negligence can reduce damages in fraudulent misrepresentation cases Signup and view all the answers

What type of damages, in addition to compensatory damages, may be awarded in cases of fraudulent misrepresentation?

Only exemplary/punitive damages may be awarded Signup and view all the answers

In the context of the Tort of Deceit, what is the general rule regarding the claimant's ability to claim loss of profits on a contract?

The claimant can never claim loss of profits on the contract Signup and view all the answers

Exemplary Damages in Contract Law

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Questions and Answers

What type of damages may be awarded in cases of fraudulent misrepresentation?

In the Tort of Deceit, what is the aim of the damages awarded to the Claimant?

According to 'The Wagon Mound (No. 1)', in fraudulent misrepresentation cases, who is liable for losses that are a reasonable foreseeable consequence of the misrepresentation?

In cases of contributory negligence in fraudulent misrepresentation, how can damages be affected?

What is the general rule regarding the claim for loss of profits on a contract?

What legislation addresses contributory negligence in certain situations?

Under what circumstances may some damages for loss of profits be recovered despite the general principle?

What is the general principle regarding the claimant's ability to claim loss of profits on a contract in cases of fraudulent misrepresentation?

What type of damages may be awarded in cases of fraudulent misrepresentation?

How can damages be affected in cases of contributory negligence in fraudulent misrepresentation?

What is the aim of the damages awarded to the claimant in the Tort of Deceit?

According to 'The Wagon Mound (No. 1)', who is liable for losses that are a reasonable foreseeable consequence of the fraudulent misrepresentation?

What legislation addresses contributory negligence in certain situations involving fraudulent misrepresentation?

Under what circumstances may some damages for loss of profits be recovered despite the general principle?

What is the relationship between contributory negligence and fraudulent misrepresentation according to the text?

What type of damages, in addition to compensatory damages, may be awarded in cases of fraudulent misrepresentation?

In the context of the Tort of Deceit, what is the general rule regarding the claimant's ability to claim loss of profits on a contract?

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