If there is an increase in price of petrol, there would be a movement along the demand curve and a smaller quantity would be bought.
There are two general categories of damages that may be awarded if a breach of contract claim is proved. 1. Compensatory Damages. Compensatory damages (also called âactual damagesâ) cover the loss the nonbreaching party incurred as a result of the breach of contract.
Court order forcing the defendant to complete a contract, instead of demanding a fine. This remedy occurs when a fine is not a fair result for the injured party. In a non-performance or breach of contract case, a fine lets the defendant âbuyâ out of the contract obligations. Five Types of Civil Litigation Cases You Should Know About.