Compensatory damages are intended to compensate a non-breaching party for the loss of the bargain.

Question

Quizplus · Accepted Answer

Compensatory damages are a type of damages awarded to the non-breaching party in order to compensate them for the actual loss they incurred as a result of the breach. This loss can be in the form of lost profits, lost wages, or any other financial or economic harm that resulted from the breach. The purpose of compensatory damages is to put the non-breaching party in the position they would have been in had the breach never occurred.

Compensatory Damages Are Intended to Compensate a Non-Breaching Party for the Loss