Explain the difference between nominal, compensatory, and ...

[RRMR]

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

[vish98]

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]

Thanks for the timely response, appreciate it

[nanny]

Wow, this really help