Examlex
Kiki, planning ahead, executed a ________ which allows Barthem to act as her agent for purposes of making medical decisions if she can no longer make those decisions herself.
Punitive Damages
Monetary compensation awarded in lawsuits intended to punish the defendant for particularly harmful behavior and deter future misconduct.
Anticipatory Repudiation
Occurs when one party to a contract communicates their intention not to fulfill their obligations under the contract before they are due.
Compensatory Damages
Money awarded to a plaintiff to reimburse for loss, injury, or harm suffered as a result of another's breach of duty or negligence.
Liquidated Damages
A clause in a contract that determines a fixed amount of compensation owed if one party fails to fulfill the contract's terms.
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