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.
Recovering Nonpecuniary Damages for Breach of. Contract Under Louisiana Law. Kathryn Bloomfield. This Comment is brought to you for free and open access by the Law Reviews and Journals at DigitalCommons @ LSU Law Center.