Asked by: Nohemi Oechlerautomotive auto insurance
What are types of damages?
Last Updated: 11th April, 2020
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In this regard, what is the difference between compensation and damages?
Damages are usually awarded for tortious acts or civil breach of contracts where as compensation is awarded for any loss due to criminal acts that can be compensated.
Also Know, what two types of damages might be awarded in a civil case? The two types of compensatory damages for pecuniary loss are: Expectation Damages: in a breach of contract case, for instance, damages intended to cover what the injured party expected to receive from the contract. Calculations are usually straightforward as they are based on the contract itself or market values.
Moreover, what are the two types of damages?
Generally, there are two types of damages: compensatory and punitive. (The term "damages" typically includes both categories, but the term, "actual damages" is synonymous with compensatory damages, and excludes punitive damages.)
What kind of damages can you sue for?
Learn about the types of damages (losses) for which you can seek monetary compensation in a personal injury case.
- Special Compensatory Damages. Special damages compensate for monetary expenses incurred because of an injury.
- General Compensatory Damages.
- Wrongful Death Damages.
- Punitive Damages.
- Collecting Damages.