Damages
About this set
Created by:
Tichondrus on October 14, 2010
Subjects:
Log in to favorite or report as inappropriate.
Order by
5 terms
Terms | Definitions |
|---|---|
Compensatory Damages | an award of an amount of money that compensates a plaintiff for the injuries suffered and nothing more |
Consequential Damages | Damage, loss, or injury that does not flow directly and immediately from the act of the party but only from some of the consequences or results of the act |
Nominal Damages | damages awarded by a court when a successful plaintiff has proven a legal injury but no actual resulting damages |
Punitive Damages | damages in excess of losses suffered by the plaintiff awarded to the plaintiff as a measure of punishment for the defendant's wrongful act |
Speculative Damages | damages not founded on fact but on the expectations that a party may have hoped for from a contract that has been breached |
First Time Here?
Welcome to Quizlet, a fun, free place to study. Try these flashcards, find others to study, or make your own.