Examlex
Which of the following is not a component of aggregate expenditure?
Compensatory Damages
Monetary awards issued to a plaintiff to compensate for actual losses, injuries, or damages they have incurred.
Liability Case
A legal dispute or lawsuit in which the plaintiff seeks damages from the defendant due to injury or loss caused by the defendant’s actions or negligence.
Increase Of Hazard Clause
A provision in insurance policies allowing the insurer to void the policy if the risk insured against significantly increases.
Punitive Damages
Punitive Damages are monetary compensations awarded in civil cases to punish the defendant for willful, fraudulent, or grossly negligent acts, and to deter similar conduct.
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