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Damages

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA LW Exams › Damages

  • This topic has 1 reply, 2 voices, and was last updated 8 years ago by AvatarMikeLittle.
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  • December 22, 2017 at 3:04 pm #424469
    Avatarhumai
    Participant
    • Topics: 757
    • Replies: 248
    • ☆☆☆☆☆

    Sir when we say that damages are non punitive, i.e they just compensate for the loss caused. Can you please explain me this with any example?

    December 22, 2017 at 4:45 pm #424481
    AvatarMikeLittle
    Keymaster
    • Topics: 27
    • Replies: 23368
    • ☆☆☆☆☆

    Damages are not intended to be a punishment (that’s what non-punitive means)

    Damages’ primary purpose is to serve as compensation for the injured party

    That’s what it means

    OK?

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