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Forensic Accounting

Category - Fundamental Forensic Knowledge

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What does ‘general damages’ mean?

Damages as suggested by the practitioner
Damages as suggested by the plaintiff
Damages in coherence with the performance promised
Contingent damages

Explanation

Answer: C - When evaluating causation, the two types of damages considered are general and consequential. General damages refer to the damages that are in line with the promised performance under a contract.

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