What types of damages are there?

Asked by: Dr. Kody Parisian DVM  |  Last update: July 18, 2022
Score: 4.8/5 (46 votes)

There are six different types of damages: compensatory, incidental, consequential, nominal, liquidated, and (sometimes) punitive.

What are the 5 types of damages?

There are six different types of damages: compensatory, incidental, consequential, nominal, liquidated, and (sometimes) punitive.

What are the 3 types of damages?

Types of Damages
  • COMPENSATORY. Compensatory damages are generally the most identifiable and concrete type of damages. ...
  • GENERAL. General damages are sought in conjunction with compensatory damages. ...
  • PUNITIVE. Punitive damages are meant to punish a Defendant for particularly egregious conduct.

What are the types of damage?

The damages can be of the following types:
  • 1] Ordinary damages. ...
  • 2] Special Damages. ...
  • 3] Vindictive or Exemplary Damages. ...
  • 4] Nominal Damages. ...
  • 5] Damages for Deterioration caused by Delay. ...
  • 6] Pre-fixed damages.

What are the 3 types of compensatory damages?

The three types of damages are economic damages, non-economic damages, and punitive damages.

Types of Damages - By Nidhi Baglikar

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What are general damages?

Damages that arise directly and inevitably from a breach of contract. In other words, those damages that would be theoretically suffered by every injured party under these circumstances.

What are examples of general damages?

General Damages
  • Physical pain and suffering.
  • Disfigurement.
  • Physical impairment.
  • Mental health issues.
  • Loss of love, care, and companionship.
  • Reduced quality of life.
  • Future pain and suffering.

What are the 6 types of damages?

There are six different types of damages: compensatory, incidental, consequential, nominal, liquidated, and (sometimes) punitive.

What are the four types of damages?

One of the most common remedies comes in the form of damages, or monetary awards, which are further broken down into four general categories.
  • Compensatory Damages. Compensatory damages (or “actual damages”) are specifically meant to make up for the plaintiff's losses. ...
  • Punitive Damages. ...
  • Liquidation Damages. ...
  • Nominal Damages.

What are the 4 sources of damages?

Damages Awarded under Philippine Law
  • Actual or compensatory Damages.
  • Moral Damages.
  • Exemplary or corrective Damages.
  • Liquidated Damages.
  • Nominal Damages.
  • Temperate or moderate Damages.

What are your damages?

Damages refer to the money that the law permits victims to recover when it is proven that a defendant has breached their duty towards another party or committed a violation of some right. There are three types of personal injury damages: general, special, and punitive.

What are the types of damages in business law?

There are four types of damages which can be claimed by the aggrieved party. Ordinary Damages or General Damages. Exemplary or Vindictive Damages. Nominal Damages.

What is legal damage?

damages, in law, money compensation for loss or injury caused by the wrongful act of another. Recovery of damages is the objective of most civil litigation.

What is meant by damages and what are its types?

General damages refer to those damages which arose naturally during the normal course of the events. Special damages are those that do not, of course, arise from the breach of the defendant and can only be recovered if they were in the reasonable consideration of the parties at the time they made the contract.

What are common law damages?

A common law claim is a claim for damages in which it is necessary for the worker to prove 'fault' in the form of negligence or breach of statutory duty on the part of the employer. A Workers Compensation policy will often also cover liability for any work related 'common law' claims by employees.

How many types of damages are present in classification of damage?

There are three types of damages present. These are minor damage, moderate damage and several damage.

What are the types of damages in tort law?

Unliquidated Damages under Tort means those damages which are not predetermined and are based upon the evaluation of loss the person has suffered. Unliquidated Damages are awarded in the case of Torts as both of the parties are unaware of the potential loss's compensatory equivalence.

What are nominal damages?

A trivial sum of money awarded to a plaintiff whose legal right has been technically violated but who has not established that they are entitled to compensatory damages because there was no accompanying loss or harm.

What are substantial damages?

Substantial damages are awarded as a means to compensate a plaintiff where they have suffered an actual loss. Substantial damages can be either general or special.

What are compensatory and punitive damages?

Compensatory damages, like the name suggests, are intended to compensate the injured party for loss or injury. Punitive damages are awarded to punish a wrongdoer.

What qualifies as emotional damages?

Emotional damages can be the mental repercussions of physical wounds such as a brain trauma that leads to forgetfulness, or insecurities caused by permanent scars, or physical reactions that stem from emotionally charged scenarios.

What are general and special damages?

There are two separate types of compensatory damages: “general damages” and “special damages.” General damages are the non-economic damages, commonly referred to as pain and suffering. Special Damages are economic damages, the medical bills, the lost earnings, all out-of-pocket expenses incurred because of the injury.

What types of damages are recoverable?

Compensatory Damages. The first type of recoverable losses is called “compensatory damages.” Payment that falls under this category is compensation for the plaintiff's losses and injuries sustained as a result of the accident.

What is an example of punitive damages?

Individuals can also be ordered to pay punitive damages that injure someone else due to negligent behavior. Examples of this would be drunk driving or distracted driving. In both cases, the defendant would have made a conscious decision to engage in behavior that could easily harm another person.

What are pecuniary damages?

The literal definition of the word pecuniary is “relating to money.” When we discuss pecuniary damages or losses in a personal injury case, we are talking about those damages that we can quantify in financial terms. Another term you may hear to describe pecuniary losses is “economic damages.”