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.
The employee may have a claim for damages if the employer breaches their contract or dismisses them in breach of contract and causes them loss. Generally speaking the only damages available to the employee is notice pay.