Unliquidated Money Demand Lecture Review

Flashcards covering the definition, characteristics, and examples of unliquidated money demands based on the provided lecture transcript.

What are unliquidated money demands?

Damages awarded by the court that are not calculable with mathematical precision.

When is the sum of an unliquidated money demand finally ascertained?

It cannot be ascertained until the court decides as to the sum.

How does liquidated money demand contrast with unliquidated money demand?

Liquidated money demand is ascertainable by mathematical precision, whereas unliquidated demand is not certain until a court decision.

What is a specific example of general damages that constitutes unliquidated money demand?

General damages for slander.

What must be established before general damages for slander can be awarded?

It has to be proved that there was actually a damage caused.

Aside from slander, what is another example of unliquidated money demand mentioned in the text?

Interest on the sum borrowed.