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When people join teams, they usually begin with a very low level of trust in the other team members.
Punitive Damages
Monetary compensation awarded in lawsuits intended to punish the defendant for particularly harmful behavior and deter future misconduct.
Anticipatory Repudiation
Occurs when one party to a contract communicates their intention not to fulfill their obligations under the contract before they are due.
Compensatory Damages
Money awarded to a plaintiff to reimburse for loss, injury, or harm suffered as a result of another's breach of duty or negligence.
Liquidated Damages
A clause in a contract that determines a fixed amount of compensation owed if one party fails to fulfill the contract's terms.
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