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Emerold Inc. enters into a contract to purchase 3,000 chipsets from Atlaes Inc. It agrees to pay $10 ...

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Emerold Inc. enters into a contract to purchase 3,000 chipsets from Atlaes Inc. It agrees to pay $10 ...

Emerold Inc. enters into a contract to purchase 3,000 chipsets from Atlaes Inc. It agrees to pay $10 for each chipset. Atlaes manages to deliver only 2,700 chipsets on the stipulated day, leading to a loss in profit for Emerold. The contract did not include a clause about the damages to be paid. If a court decides that Atlaes must pay monetary damages, which of the following types of damages will be awarded by the court?
A) liquidated damages
B) nominal damages
C) compensatory damages
D) punitive damages

Textbook

The Legal Environment of Business

Edition: 7^th

Authors: Kubasek, Brennan, Browne

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Azzizi Author

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6 years ago

Great answer, fully appreciate your time and effort

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