6 - DAMAGES 2025

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10 Terms

1
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Actual or Compensatory Damages

Adequate compensation only for pecuniary loss suffered

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Special Damages

Natural but not necessarily aconsequence of the accident in question

3
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Per diem method

Estimated value of pain and suffering per day times the number of days the victim will suffer

4
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Golden Rule method

Call on the judge to determine how much the damages will be

5
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Exemplary or Corrective Damages

Awarded as punishment or deterrence

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Simple Imprudence

Lack of precaution displayed; Damage impending to be caused is not immediate nor the danger clearly manifest

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Reckless Imprudence

Voluntarily, but without malice, doing or failing to do an act from which material damage results

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Nominal Damages

Trifling sum awarded to the plaintiff in an action where there is no substantial loss or injury to be compensated

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Liquidated Damages

Those agreed by the parties to a contract, to be paid in case of breach thereof

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Temperate or Moderate Damages

Pecuniary loss hasbeen suffered but its amount cannot be proved with certainty