In assessing damages for an actual loss, a court will usually grant a plaintiff

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Compensatory damages are awarded to compensate the plaintiff for actual losses suffered, which is the primary goal in assessing damages for an actual loss. Nominal damages are awarded when a legal wrong has occurred but no actual damage resulted, punitive damages are intended to punish the defendant for egregious behavior, and liquidated damages are predetermined amounts specified in a contract, not typically related to the court's assessment of actual loss.

In Assessing Damages for an Actual Loss, a Court Will