NM General Contractor Practice Questions - New Mexico General Contractor Exam

Under the NASCLA guide, what is 'consequential damages' in a construction contract?

Indirect damages resulting from a breach, such as lost profits or lost use of the facility Damages to the building foundation The cost of the original contract Damages paid to the government

Correct Answer:

Indirect damages resulting from a breach, such as lost profits or lost use of the facility

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