Compensatory damages are awarded ________
A) to a party based on the amount stipulated in a clause in the contract
B) to place the injured party in the position it would have been in had the terms of the contract been performed
C) to deter the defendant and others from doing the same act again
D) to help a party recover court costs if it is injured by a breach of contract but cannot show real damages
B
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Larry, Moe and Curly form a partnership by oral agreement that Moe and Curly buy a property in sign a contract under the partnership name.which applies?
A. Only Moe and Curly are liable B. All three are liable C. The partnership is liable D. No one is liable
All of the following are good and valid reasons for an appraiser to make a separate site and improvement evaluation, except:
A: Applying a residual technique; B: To determine building obsolescence; C: For taxation purposes; D: To determine amount of the appraiser's fee.