Damages in excess of actual loss, imposed for the purpose of punishing or making an example of the defendant, are known as compensatory damages.
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Q12: When a party expressly declares before the
Q13: A waiver is based on the subjective
Q14: If one of the parties retains money
Q15: An antimodification clause specifies that a waiver
Q16: A reservation of rights is an assertion
Q18: Punitive damages are generally recoverable in contract
Q19: An injured party that does not suffer
Q20: When a party fails to perform in
Q21: If a seller delivers defective goods, the
Q22: Damages in excess of actual loss are
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