Examlex
________ is a situation in which a decision maker cannot make reasonable probability estimates.
Compensatory Damages
Compensatory damages are monetary awards to a plaintiff in a lawsuit, intended to compensate for actual losses or injuries incurred due to the defendant's actions.
Consequential Damages
A type of damages in a lawsuit that result not directly from the act but as a consequence of the initial act, often involving loss of profit or other indirect losses.
Liquidated Damages
Predetermined damages agreed upon by the parties in a contract to be paid if a specific breach occurs, as compensation not as a penalty.
Incidental Damages
Compensation for secondary or unforeseen losses resulting from a breach of contract.
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