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.
Nonforfeiture Provisions - Protects the contract holder from total forfeiture or loss of benefits if he stops making the required periodic payments and surrender charges, or penalties for cashing in the annuity before the pay o