Which of the following are intended to cover costs incurred by a consumer due to an injury?
A) Statutory damages
B) Nominal damages
C) Punitive damages
D) Compensatory damages
E) Exemplary damages

Question

Quizplus · Accepted Answer

Compensatory damages are intended to cover the costs incurred by a consumer due to an injury, such as medical expenses, lost wages, and pain and suffering. Statutory damages are predetermined amounts specified by law for certain violations, nominal damages are small damages awarded when a breach of contract occurred but there was no actual harm or loss, punitive damages are meant to punish the defendant and deter future wrongdoing, and exemplary damages are similar to punitive damages but are awarded to set an example of what should happen in similar cases.

Which of the Following Are Intended to Cover Costs Incurred