Contracts & ExecutionQuestion 806 of 1605

The primary goal of compensatory ('expectation') damages for breach of a construction contract is to:

a.Put the injured party in the position they would have been in had the contract been fully performed
b.Punish the breaching party for wrongdoing
c.Return only the deposit that was paid
d.Award the injured party a windfall profit

Explanation

Compensatory or expectation damages aim to place the non-breaching party in the position they would have occupied if the contract had been fully performed, no better and no worse. Contract damages are generally not punitive; punishment is reserved for torts or statutory penalties. The remedy is not limited to a refunded deposit, nor is it meant to create a windfall; it measures the injured party's lost benefit of the bargain.

Practice all 1605 questions free — no signup required.

Related questions on this topic

Last reviewed: · editorial process

Sen Lin, PrepPass Founder · Verified against California CSLB Contractor License Law & Business Exam · How we review
Reviewed by Abraham Chen Licensed California General Contractor (CSLB License #1101856 verify)
Report