Exemplary Damages in Contract Law
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Questions and Answers

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?

<p>Reduced (C)</p> Signup and view all the answers

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

<p>It is never allowed (C)</p> Signup and view all the answers

What legislation addresses contributory negligence in certain situations?

<p>Law Reform (Contributory Negligence) Act 1945 (B)</p> Signup and view all the answers

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

<p>If certain conditions are met (D)</p> 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?

<p>The claimant can claim loss of profits on the contract in some circumstances (D)</p> Signup and view all the answers

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

<p>Both compensatory and exemplary/punitive damages (D)</p> Signup and view all the answers

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

<p>Damages can be reduced by the amount of the claimant's contributory negligence (D)</p> Signup and view all the answers

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

<p>To put the claimant in the position they would have been in if the tort had not been committed (C)</p> 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?

<p>The defendant (B)</p> Signup and view all the answers

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

<p>The Law Reform (Contributory Negligence) Act 1945 (B)</p> Signup and view all the answers

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

<p>Damages for loss of profits may be recovered in some circumstances, as mentioned in the text (C)</p> Signup and view all the answers

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

<p>Contributory negligence can reduce damages in fraudulent misrepresentation cases (B)</p> Signup and view all the answers

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

<p>Only exemplary/punitive damages may be awarded (D)</p> 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?

<p>The claimant can never claim loss of profits on the contract (D)</p> Signup and view all the answers

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