Which of the following is the general goal of compensatory damages?

What is the general goal of awarding compensatory damages in a breach of contract situation?

Compensatory damages (also called “actual damages”) cover the loss the nonbreaching party incurred as a result of the breach of contract. The amount awarded is intended to make good or replace the loss caused by the breach.

Which of the following are considered compensatory damages quizlet?

Compensatory damages are trivial damages intended to recognize that a defendant committed a tort against the plaintiff. If a court awards $1 million to compensate an injured plaintiff for medical bills, loss of wages, and pain and suffering, this is an example of compensatory damages.

What is the general goal of awarding compensatory damages in a breach of contract situation quizlet?

The primary goal of compensatory damages is to compensate a nonbreaching party for the loss of the bargain. Substantial performance constitutes a minor breach of the contract. Specific performance is usually available for the buyer in contracts for the sale of land.

What are two types of compensatory damages?

There are two types of compensatory damages—general and actual. Actual damages are intended to provide funds to only replace what was lost. General compensatory damages awarded are more complex, as these compensatory damages do not represent a monetary expenditure.

What is the difference between compensatory and punitive damages quizlet?

What is the difference between compensatory and punitive damages? Compensatory damages are intended to compensate the injured for the loss. When a tort is intentional, punitive damages may also be awarded to punish the person who committed the tort. Distinguish between evidence and testimony.

What are the 3 types of compensatory damages?

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 the two types of compensatory damages quizlet?

The two types of compensatory damages that can arise out of an injury are special damages and general damages. Special damages are awarded to an injured party for tangible losses.

What type of damages are specifically meant to compensate victims for their injuries quizlet?

1) Compensatory damages are designed to compensate the victim for her losses and to restore her to the position she was in before she sustained her injury. 2) Punitive damages are intended to punish the defendant.

What sort of damages are intended to punish a wrongdoer tort law )?

-Punitive damages are avaliable in intentional tort actions and only rarely in negligence lawsuits. -They may be awarded in suits involving gross negligence. *Awarded in tort cases to punish the wrongdoer and to deter others from similar wrongdoing. as the term implies, requires intent.

Which of the following is true in cases based on claims of disparate treatment?

Which of the following is TRUE in cases based on claims of disparate treatment ? The plaintiff must prove that the defendant intentionally discriminated.

Which of the following is an example of compensatory damages?

For example, if the plaintiff was badly frightened and suffered nightmares, increased blood pressure, or other anxiety related symptoms which prevented him from working or fully enjoying his life, he could seek damages for "emotional distress." If any of his property was damaged, compensatory damages could also include ...

What is the purpose of 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.

Are compensatory damages special damages?

Compensatory damages are further categorized into special damages, which are economic losses such as loss of earnings, property damage and medical expenses, and general damages, which are non-economic damages such as pain and suffering and emotional distress.

What are consequential damages quizlet?

consequential damages. damages not arising directly out of breach of contract but as foreseeable result of the breach. benefit-of-the-bargain damaged. difference between the value received and the value of the fradulent party's performance as represented (majority)

What are consequential damages in contract?

Consequential damages, otherwise known as special damages, are damages that can be proven to have occurred because of the failure of one party to meet a contractual obligation, a breach of contract.

What is the difference between nominal punitive and compensatory damages?

The main difference between these two types of damages is that they are directed toward different parties of a civil claim. Compensatory damages are awarded to benefit the plaintiff and to help him or her cover the costs of an accident and/or injury. Punitive damages are awarded to punish the defendant.

What are general damages quizlet?

GENERAL DAMAGES. PRESUMED to flow from commission of a tortious act. May be recovered w/o proof of a specific dollar amount and Considered to be noneconomic or non-pecuniary in nature. General damages include PAIN & SUFFERING and LOSS OF FUTURE EARNING CAPACITY.

Which of the following types of damages seeks to put the victim in the position he or she would have been in had the tort never taken place?

Compensatory Damages: These are designed to make the victim whole again, that is, to put the victim in the position he or she would have been in had the tort never taken place.

What are the three types of damages dealing with intentional torts?

Torts fall into three general categories: intentional torts (e.g., intentionally hitting a person); negligent torts (e.g., causing an accident by failing to obey traffic rules); and strict liability torts (e.g., liability for making and selling defective products - see Products Liability).