19. The term: “Benefit of the bargain” best describes which type of damage award?
a. Equitable damages
b. Punitive damages
c. Reliance damages
d. Compensatory damages
Answer: Option B
Explanation: The Benefit-of-the-bargain damage represents the punitive damages. The purpose of it is to punish the other party as he/she committed the fraud.
19. The term: “Benefit of the bargain” best describes which type of damage award? a. Equitable damages...