This topic contains a solution. Click here to go to the answer

Author Question: Explain the difference between nominal, compensatory, and pencitory damages. What will be an ... (Read 10 times)

RRMR

  • Hero Member
  • *****
  • Posts: 557
Explain the difference between nominal, compensatory, and pencitory damages.
 
  What will be an ideal response?

Question 2

The authority to make design changes in the field during construction can be exercised by which of the following persons?
 
  A. The resident engineer
   B. The owner's contract administrator
   C. The design engineer
   D. The inspector
   E. The subcontractor



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

vish98

  • Sr. Member
  • ****
  • Posts: 326
Answer to Question 1

The difference between nominal, compensatory, and pencitory damages are the following:

a) Courts award nominal damages in order to recognize that a breach of contract has occurred but no harm was caused by the breach of contract. The nominal damages would be a small sum that demonstrates that a party has breached the contract.
b) Compensatory damages are used to provide compensation to the party that was materially harmed by the other party breaching the contract. They are not used as punishment but to compensate the harmed party for any losses they have incurred or gains prevented resulting from a breach of contract.
c) Pencitory damages attempt to return the person that was materially harmed by the breach of contract back to the position they were in before the contract started and if this is not possible they provide monetary compensation to the plaintiff.

Answer to Question 2

C




RRMR

  • Member
  • Posts: 557
Reply 2 on: Jul 26, 2018
Excellent


Missbam101

  • Member
  • Posts: 341
Reply 3 on: Yesterday
Wow, this really help

 

Did you know?

The most common childhood diseases include croup, chickenpox, ear infections, flu, pneumonia, ringworm, respiratory syncytial virus, scabies, head lice, and asthma.

Did you know?

Coca-Cola originally used coca leaves and caffeine from the African kola nut. It was advertised as a therapeutic agent and "pickerupper." Eventually, its formulation was changed, and the coca leaves were removed because of the effects of regulation on cocaine-related products.

Did you know?

Looking at the sun may not only cause headache and distort your vision temporarily, but it can also cause permanent eye damage. Any exposure to sunlight adds to the cumulative effects of ultraviolet (UV) radiation on your eyes. UV exposure has been linked to eye disorders such as macular degeneration, solar retinitis, and corneal dystrophies.

Did you know?

Historic treatments for rheumatoid arthritis have included gold salts, acupuncture, a diet consisting of apples or rhubarb, nutmeg, nettles, bee venom, bracelets made of copper, prayer, rest, tooth extractions, fasting, honey, vitamins, insulin, snow collected on Christmas, magnets, and electric convulsion therapy.

Did you know?

Asthma attacks and symptoms usually get started by specific triggers (such as viruses, allergies, gases, and air particles). You should talk to your doctor about these triggers and find ways to avoid or get rid of them.

For a complete list of videos, visit our video library