Examlex
The device introduced by populists to allow voters to remove governors and other state officials from office prior to the expiration of their terms is called
Compensatory Damages
A money award equivalent to the actual value of injuries or damages sustained by the aggrieved party.
Tort Suit
A legal action brought by one party against another for a civil wrong that causes harm or loss, resulting in legal liability.
General Damages
In a tort case, an amount awarded to compensate individuals for the nonmonetary aspects of the harm suffered, such as pain and suffering; not available to companies.
Actual Value
The true or fair market value of an asset or property as determined by objective assessment or appraisal.
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