Tort Damages Are Often Classified into

question 44

Multiple Choice

Tort damages are often classified into .

• A) punitive and exemplary damages
• B) special and aggravated damages
• C) special and exemplary damages
• D) general and special damages
• E) punitive and special damages

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Definitions:

Minimize Losses

Minimizing losses involves strategies or actions taken by individuals or businesses to reduce the amount of money or resources lost.

Mortgage Payment

The regular payment made by a borrower to a lender, typically comprising both interest and principal repayment, for a loan secured by real estate.

Monthly Rent

The periodic payment made by a tenant to a landlord for the use of premises.

Sunk Costs

Expenses that have already been incurred and cannot be recovered, and thus should not affect future decisions.