Compensatory, punitive and nominal are all categories of:
A) monetary damage awards
B) equitable remedies
C) torts
D) bankruptcy
E) none of the other choices are correct

Question

Quizplus · Accepted Answer

Compensatory, punitive, and nominal damages are all categories of monetary damage awards in civil cases. Compensatory damages are meant to compensate the plaintiff for actual losses or harm they have suffered, while punitive damages are intended to punish the defendant for particularly egregious behavior and serve as a deterrent to others. Nominal damages, on the other hand, are a small amount of money awarded when the plaintiff's rights have been violated but they have not suffered any significant damages.

Compensatory, Punitive and Nominal Are All Categories Of