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Why did the slave trade come to rely on the peoples of West Africa? What were the consequences for all parties involved?
Restitution
The act of restoring or compensating someone for loss, damage, or injury that has been incurred.
Repudiated Contract
This term refers to a contract that has been rejected or declared void by one of the parties involved, indicating they do not intend to fulfill their contractual obligations.
Liquidated Damages
A contractual provision that determines in advance the amount of damages to be paid if a party breaches the agreement.
Punitive Damages
Financial compensation awarded to a plaintiff that goes beyond what is necessary to compensate for losses and is intended to punish the defendant for egregious conduct.
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