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5. The four broad types of damages in contract law are conciliatory, consecutive, punctual, and nominative (T/F) 7. A party seeking to recover in quasi conract must show that he or she acted without reasonably expecting to paid (T/F) 10. Liquidated damages are damages that are certain in...

1. Privity of contract is the principle under which contracting parties alone traditionally had rights and liabilities under their contract. (T/F) 2. A right to receive damages on a breach of a contract for a sale of goods may be assigned. (T/F) 7. Belle enters into a contract to subdivide and...