Paralegal Exam Prep

Category - Contracts

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Under the Uniform Commercial Code which of the following remedies is not available for a breach?

Compensatory damages
Exemplary damages
Incidental damages
Actual damages
None of the above.

Explanation

Answer: B. Under the Uniform Commercial Code exemplary damages is a remedy that is not available for a breach. Exemplary damages, also referred to as punitive damages, is a remedy available under common law, but not under the UCC. Remedies under the UCC are not meant to punish, but to make the non-breaching party whole.

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