Damages due to emotional distress, loss of a housing opportunity, and loss of a job opportunity are called what?

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Prepare for the Mckissock 8-hour National Valuation Bias and Fair Housing Laws and Regulations Test. Study with flashcards and multiple choice questions with detailed explanations. Ensure your success on exam day!

Multiple Choice

Damages due to emotional distress, loss of a housing opportunity, and loss of a job opportunity are called what?

Damages that are not the immediate losses from the breach but result from it are called consequential damages. When a breach leads to emotional distress and the loss of housing or job opportunities, these are indirect, foreseeable effects of the wrong and are compensated as consequential (or special) damages. Direct damages would cover the immediate costs tied to fixing or replacing what was harmed; punitive damages are meant to punish egregious conduct; nominal damages are a token sum when there’s a breach but little or no actual loss. So the described harms fit as consequential damages.

Damages due to emotional distress, loss of a housing opportunity, and loss of a job opportunity are called what?

Prepare for the Mckissock 8-hour National Valuation Bias and Fair Housing Laws and Regulations Test. Study with flashcards and multiple choice questions with detailed explanations. Ensure your success on exam day!

Damages due to emotional distress, loss of a housing opportunity, and loss of a job opportunity are called what?

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