Damages in Excess of Actual Loss Are Called

question 12

Multiple Choice

Damages in excess of actual loss are called:

• A) punitive damages.
• B) compensatory damages.
• C) restitution.
• D) nominal damages.

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Definitions:

Fishery Management

The practice of regulating fishing activities to ensure sustainable fish populations and ecosystem health over time.

Total Allowable Catch (TAC)

A fishery management tool that sets a cap on the total amount of a particular fish species that can be caught over a specified period.

Sustainable Levels

Levels of production, consumption, and behavior that meet current needs without compromising the ability of future generations to meet their own needs.

Individual Transferable Quota (ITQ)

A fisheries management tool that allocates a certain quantity of fish that can be caught by individuals or companies.