Introductory Business Law CLEP Prep Practice Exam

Disable ads (and more) with a membership for a one time $2.99 payment

Prepare for the CLEP Business Law Exam with flashcards and multiple-choice questions. Each question comes with hints and explanations to help you succeed. Master the content and pass your exam!

Start Multiple Choice Practice Test
Start Flash Cards

Each practice test/flash card set has 50 randomly selected questions from a bank of over 500. You'll get a new set of questions each time!

Practice this question and more.

What remedies are available to a person who is the victim of a breach of contract?

  1. Vindictive damages

  2. Specific performance

  3. Acceptance of the breach

  4. Termination of the contract

The correct answer is: Specific performance

Specific performance is the appropriate remedy for a victim of a breach of contract. Vindictive damages, or punitive damages, are meant to punish the breaching party and are generally not available in a contract dispute. Acceptance of the breach means the victim agrees to the breach and forfeits any rights to remedies. Terminating the contract may be an option, but specific performance is more likely to provide the victim with the outcome they desired when entering into the contract.

More Questions Like This