Posted: June 26th, 2017

In the context of remedies to breach of contract, what is true about compensatory damages?

-In the context of remedies to breach of contract, what is true about compensatory damages?
They essentially cover foreseeable indirect losses.
They are estimated by the two parties who enter into a contract, even before a breach occurs.
They may include the potential profits payable to a nonbreaching party, if the contract had not been breached.
They intend to put a nonbreaching party in a much more advantageous position than it was in before the contract was breached.