Question

In your own words, describe the difference between the legal remedies of "compensatory damages" and "accounting" Paragraph B [EE 13

Answer 1

answer-

1- Compensatory damages are the remedies awarded to plaintiffs for the actual damage they have suffered. They are compensated for the actual harm or injury they faced.On the other hand, accounting is the process to calculate and record the transactions of financial and non financial nature in a business.

2- True because internet and transactions associated could be done from any part of the world so it raise the issue of law of which country and jurisdiction to follow.

3- We can enter into an online contract by when we accept the offer or agreement and give our electronic signature as acceptance to online contract.

for example- we install many software in our computer which has licensee agreement or we apply for online course where they have prequisite form provided on their site. the form have 'I Agree' or 'I Accept' box which we check and give our acceptance to it.This way we enter into an online contract.

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