There are six different types of damages: compensatory, incidental, consequential, nominal, liquidated, and (sometimes) punitive.
What are the 2 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.
What are the three main types of damages in law?
There are three types of damage that form the foundation of most civil lawsuits: compensatory, nominal, and punitive. An attorney can estimate how much your claim may be worth based on your damages.
What are the three categories of damages recognized by the law?
There are three types of damage that form the foundation of most civil lawsuits: compensatory, nominal, and punitive.
What are damages in law?
Damages refers to the sum of money the law imposes for a breach of some duty or violation of some right. 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 are the four types of damages?
12.11 There are four types of damages that may be awarded in a tort action: nominal damages, compensatory damages, aggravated damages and exemplary or punitive damages.15 Jul 2014
What are the two types of damage?
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 are the 4 types of damages available for breach of contract?
There are many types of damages for breach of contract that you may receive should a breach occur, these being meted out both to deter parties from breaking contracts and to compensate parties should a contract be broken. The main types of damages are compensatory, liquidation, punitive, nominal, and ordinary damages.
What types of damages can you sue for?
- current and future loss of earnings.
- medical bills.
- cost of future medical treatment.
- household expenses.
- costs associated with canceled trips or any changes in plans caused by your injury.
- mental anguish.
- pain and suffering.