An intangible loss

Question

An intangible loss

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An intangible loss refers to a loss that is not physical or tangible, such as emotional distress or loss of reputation. Such losses may be the subject of damages if the contract was intended to provide "peace of mind" to the plaintiff. This would be the case, for example, in a contract for protection services or insurance. Expectation damages (B) are generally awarded to compensate the plaintiff for the loss of the bargain - that is, to put them in the position they would have been in had the contract been performed. An account of profits (C) is a remedy that may be available when the defendant has made a profit as a result of their breach of contract. Reliance damages (D) are awarded to the plaintiff to compensate them for expenses incurred in reliance on the defendant's promise. A loss that has market value (A) refers to a loss that can be measured in monetary terms and is generally compensable by expectation damages.

An Intangible Loss