Question
What is compensatory damage?
Answers
GPT-4o mini
Compensatory damages are a type of monetary award given to a plaintiff in a lawsuit to compensate for losses suffered as a result of the defendant's actions. These damages aim to restore the injured party to the position they would have been in had the harm not occurred. Compensatory damages can cover various types of losses, including:
1. **Economic Damages:** These are quantifiable losses such as medical expenses, lost wages, and property damage.
2. **Non-economic Damages:** These are more subjective and can include pain and suffering, emotional distress, loss of enjoyment of life, and other intangible losses.
Compensatory damages are distinct from punitive damages, which are intended to punish the defendant for particularly harmful behavior and deter similar actions in the future.
1. **Economic Damages:** These are quantifiable losses such as medical expenses, lost wages, and property damage.
2. **Non-economic Damages:** These are more subjective and can include pain and suffering, emotional distress, loss of enjoyment of life, and other intangible losses.
Compensatory damages are distinct from punitive damages, which are intended to punish the defendant for particularly harmful behavior and deter similar actions in the future.