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In law, damages mean an award of money to be paid to a person as compensation for his or her loss or injury.

In law, damages mean an award of money to be paid to a person as compensation for his or her loss or injury.

“(BUS& 201, Business Law, Hatsta)
Assignment:
LearnSmart Assign, Ch 8

Introduction
Tort Damages
Read the
overview below and complete the activities that follow.

In law, damages mean an award of money to be paid to a person as compensation for his or her
loss or injury. Because the primary objective of tort law is to compensate
victims, the primary type of damages is compensatory damages, designed to
compensate the victim for all the harm caused by the person who committed the
tort, often called the tortfeasor.

CONCEPT REVIEW:
There are three main types of damages available in tort cases: compensatory,
nominal, and punitive. Compensatory damages are typically rewarded for pain and
suffering, costs of repairing damaged property, medical expenses, and lost
wages. Nominal damages are a small amount of money given to recognize that a
defendant did indeed commit a tort in a case where the plaintiff suffered no
compensable damages. Punitive damages are awarded both to punish conduct that
is extremely outrageous and to deter similar activity by the defendant and
others. Before completing this exercise, review the book sections discussing
damages beginning on page 203 of your text. Then complete the exercise and
questions for this chapter.(BUS& 201, Business Law, Hatsta)Assignment: LearnSmart Assign, Ch 8Read the
overview below and complete the activities that follow.In law, damages
mean an award of money to be paid to a person as compensation for his or her
loss or injury. Because the primary objective of tort law is to compensate
victims, the primary type of damages is compensatory damages, designed to
compensate the victim for all the harm caused by the person who committed the
tort, often called the tortfeasor.

CONCEPT REVIEW:
There are three main types of damages available in tort cases: compensatory,
nominal, and punitive. Compensatory damages are typically rewarded for pain and
suffering, costs of repairing damaged property, medical expenses, and lost
wages. Nominal damages are a small amount of money given to recognize that a
defendant did indeed commit a tort in a case where the plaintiff suffered no
compensable damages. Punitive damages are awarded both to punish conduct that
is extremely outrageous and to deter similar activity by the defendant and
others. Before completing this exercise, review the book sections discussing
damages beginning on page 203 of your text. Then complete the exercise and
questions for this chapter.”

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