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    Question

    The damages as per section 73 of the Contract Act are______________________

    A Penal Correct Answer Incorrect Answer
    B Liquidated Correct Answer Incorrect Answer
    C Unliquidated Correct Answer Incorrect Answer
    D Compensatory Correct Answer Incorrect Answer

    Solution

    Compensation for loss or damage caused by breach of contract—When a contract has been broken, the party who suffers by such breach is entitled to receive, from the party who has broken the contract, compensation for any loss or damage caused to him thereby, which naturally arose in the usual course of things from such breach, or which the parties knew, when they made the contract, to be likely to result from the breach of it. Such compensation is not to be given for any remote and indirect loss or damage sustained by reason of the breach.

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