Examlex
Which of the following statements concerning Samuel Colt is true?
Punitive Damages
Monetary compensation awarded to a plaintiff, over and above actual damages, to punish the defendant for egregious behavior and deter future similar acts.
Compensatory Damages
Financial awards to a plaintiff to compensate for proven harm, loss, or injury caused by the defendant.
Nominal Damages
A small amount of money awarded to a plaintiff in a lawsuit to recognize a legal wrong suffered, without substantial loss or injury being proved.
Negligence Per Se
A legal doctrine where an act is considered negligent because it violates a statute or regulation.
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