What are damages agreed to in advance?

Compensatory damages compensate for the special loss suffered; consequential damages compensate for the foreseeable consequences of the breach; incidental damages compensate for the costs of keeping any more damages from occurring; nominal damages are awarded if the actual amount cannot be shown or there are no actual …

What are the 4 conditions that must be met for a breach of statutory duty?

There must be a statutory duty owed to the claimant, there must be a breach of that duty by the defendant, there must be damage to the claimant, and that damage must have been caused by the breach of the statutory duty.

How is expectation damages calculated?

The court would calculate your expectation damages by subtracting the price you paid – $500 – from the value you expected to receive, resulting in $500 of damages. Some restrictions are related to expectation damages, which were created in the Hadley v. Baxendale court case.

What is the burden of proof in negligence?

The claimant must prove that, on the balance of probabilities, the defendant has been negligent or has breached their statutory duties. Proof on the balance of probabilities means proof that it is more likely than not.

Is duty of care statute law?

In New South Wales, the law of duty of care is enshrined in the Civil Liability Act 2002. This Act contains various provisions that stipulate how damages should be calculated for economic and non-economic loss. Duties owed by public authorities or other bodies to members of the public.

How are damages awarded under the law of torts?

In the law of torts, the Court while awarding damages to the injured person makes all the possible effort to ensure that the amount or quantum of damages is optimal. It means that the damages awarded by the Courts should be reasonable and sufficient and neither insufficient or over-compensation is given to the claimant.

What do you need to know about the law of damages?

Introduction Damages, in simple terms, refer to a form of compen- sation due to a breach, loss or injury. As explained by Fuller and Perdue,1damages may seek protection of “expectation interest”, “reliance interest” or “restitu- tion interest”.

When is substantial damages awarded in a case?

Substantial damages Contrary to nominal damages, substantial damages are awarded when the extent of breach of contract is proved but there are uncertainties regarding calculation. IV. Aggravated and exemplary damages

When does a court award a nominal amount of damages?

When a party approaches the court for claiming damages, the court has the discretion to award nominal damages. This may be awarded even when there is no actual loss or injury caused to a party against whom a breach has been caused, or in cases where there has been a violation of a legal right, without any actual damage being proved.

What does statutory damages mean in civil law?

Statutory damages. Statutory damages are a damage award in civil law, in which the amount awarded is stipulated within the statute rather than being calculated based on the degree of harm to the plaintiff. Lawmakers will provide for statutory damages for acts in which it is difficult to determine a precise value of the loss suffered by the victim.

Do you have to prove loss to get statutory damages?

To receive statutory damages, plaintiffs don’t have to prove they lost a certain amount. Instead, they only have to prove the defendant has violated the law. However, the judge may decide to award damages that reach only what the two parties anticipated when they made the agreement.

What is the purpose of statutory damages under TILA?

Courts have explained that the statutory damages under the Copyright Act serve as a “punitive sanction of infringers,” [9] under TILA they “deter general illegalities which are only rarely uncovered and punished,” [10] and under the EFTA they serve a “punitive, as well as compensatory purpose.” [11]

What are statutory damages under the Copyright Act?

Statutory damages regimes usually give broad ranges for the award of damages but lack meaningful standards for judges or juries to apply in deciding what damages to award. The Copyright Act specifies statutory damages between $750 and $30,000, and up to $150,000 in the case of “willful” infringement.