Which of the following statements is true regarding compensation for loss or damage caused by breach of contract under section 73 of Indian Contract Act 1872 ?
1
Compensation is only provided for direct losses, not for indirect ones.
2
Compensation is provided for any loss, regardless of its remoteness or indirectness.
3
Compensation is provided only for the remoteness of damages.
4
Compensation is not provided for any loss that could have been remedied by other means.