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Compensatory Damages
financial awards given to a plaintiff to reimburse actual losses, expenses, or suffering due to the defendant's wrongful act.
Performance Value
Refers to the actual utility or effectiveness of a service, product, or asset in achieving its intended purpose or results.
Substantial Performance
A legal principle indicating that a contract has been nearly completed, enabling the performing party to receive payment, minus damages for any minor unfinished work.
Workmanlike Manner
The quality of performance in a job or task that meets acceptable industry standards and practices.
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