Damages - Compensatory or Expectation Damages

Compensatory or Expectation Damages

Compensatory damages, called actual damages, are paid to compensate the claimant for loss, injury, or harm suffered as a result of (see requirement of causation) another's breach of duty. (e.g., in a negligence claim under tort law). Expectation damages are used in contract law.

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Famous quotes containing the words expectation and/or damages:

    The joy that comes past hope and beyond expectation is like no other pleasure in extent.
    Sophocles (497–406/5 B.C.)

    According to the law of nature it is only fair that no one should become richer through damages and injuries suffered by another.
    Marcus Tullius Cicero (106–43 B.C.)