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Wewaii [24]
2 years ago
12

The general purpose of damages is to compensatory the injured party for its losses, not to create a windfall.

Law
1 answer:
lana66690 [7]2 years ago
7 0

To provide the nonbreaching party with enough money to cover any genuine damages incurred is the goal of compensatory damages.

<h3>What is compensatory damages?</h3>
  • As the name implies, compensatory damages are meant to make up for any loss or harm suffered by the aggrieved party.
  • Personal injury damages come in three different forms: general, special, and punitive.
  • Punitive damages are given to an offender as punishment.
  • This kind of compensation can be used to cover any future medical costs, treatment costs, or other costs related to a harm someone incurred as a result of someone else's carelessness.
  • If a careless driver struck your 2008 Honda, totaling it, the compensatory damages would be equivalent to the market value of the car at the time of its demise,
  • Less any scrap or salvage value, and you might be entitled to the car's fair market value.

Learn more about compensatory damage here:

brainly.com/question/9900625

#SPJ4

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