BACHELOR OF BUSINESS ADMINISTRATION

BUSINESS ADMINISTRATION

BUSINESS LAW

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
A remedy means the action of procedure followed to enforce a right or to get damages for an injury to a right.
A
true
B
false
Explanation: 

Detailed explanation-1: -a way of using the legal system to make sure that someone’s rights are not taken away from them: We will pursue all legal remedies available to enforce our rights.

Detailed explanation-2: -An award of compensatory damages is the most common of the legal remedies for breach of contract. The calculation of compensatory damages is based on the actual losses you have sustained as a result of the breach of contract. They typically fall into two categories: expectation damages and consequential damages.

Detailed explanation-3: -Part III of the Constitution provides for legal remedies for the protection of these rights against their violation by the State or other institutions/individuals. It entitles the citizens of India to move the Supreme Court or High Courts for the enforcement of these rights.

Detailed explanation-4: -Also known as “damages, ” legal remedies for torts are monetary payments made by the defendant to compensate the victim for their injuries, losses, or pain and suffering. These are calculated according to the victim’s losses rather than the tortfeasor’s gains.

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