Which of the following statements about contract damage claims is true?

The assertion that claims can only be made if loss has been demonstrated is accurate and aligns with fundamental principles of contract law. In the context of contract damage claims, the injured party must show that they have incurred a loss as a result of the other party's breach of contract to recover damages. This requirement helps ensure that there is a legitimate basis for the claim, and it promotes fairness by preventing parties from pursuing claims without substantiated evidence of a loss.

In contract law, damages are generally intended to put the wronged party in the position they would have been in had the breach not occurred. Therefore, a clear demonstration of loss is critical to justifying the amount of damages sought. This necessity reinforces the legal system's emphasis on accountability and the requirement for parties to uphold their contractual obligations. Claims submitted without evidence of actual loss would be considered speculative and are less likely to succeed in court.