What kind of damages will be awarded when there is no actual financial loss?
A) special damages
B) consequential damages
C) nominal damages
D) compensatory damages
E) There are no damages that a court will award in the absence of an actual financial loss.

Question

Quizplus · Accepted Answer

Nominal damages are awarded when there is no actual financial loss, but the court recognizes that a legal right has been violated and the plaintiff is entitled to some form of compensation (even if it is just a symbolic amount such as $1). Special damages are awarded when there is a specific, quantifiable financial loss. Consequential damages are awarded when there are indirect or unforeseeable consequences of a breach of contract or other wrong. Compensatory damages are awarded to compensate the plaintiff for actual financial losses suffered as a result of the defendant's conduct. Option E is not correct, as courts can award nominal damages in appropriate cases.

What Kind of Damages Will Be Awarded When There Is