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Question

Choose the correct answer from the alternatives given.
In case of a wrongful dishonour of a cheque by a banker having sufficient funds to the credit of the customer, the Court may award ____________.


A
ordinary damages
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B
nominal damages
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C
exemplary damages
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D
contemptuous damages
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Solution

The correct option is C exemplary damages
The correct answer is C.
Exemplary damages or Punitive damages are the lawful rewards that a respondent saw as liable for submitting a wrong or offence is requested to pay on compensatory damages. They are granted by a courtroom when compensatory damages are esteemed to be deficient.

Business Law

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