Examlex
Common method(s) of analyzing total costs of ownership (TCO) include:
Punitive Damages
Monetary compensation awarded to a plaintiff that goes beyond what is necessary to compensate for losses and is intended to punish the defendant for egregious behavior.
Compensate
To compensate means to provide something, typically money, in recognition of loss, suffering, or damage incurred; a form of recompense.
Foreseeability
A legal principle referring to the predictability or anticipation of risks at the time of a contractual agreement.
Proximate Cause
Legal cause; exists when the connection between an act and an injury is strong enough to justify imposing liability.
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