Compensatory Damage is money awarded to a claimant to compensate for damage, injury, or other loss incurred. Compensatory damage is awarded in a civil court case where there has been a loss as a result of another party’s negligence or unlawful conduct.
Which Damages are Ordinary Damage as Per Law
Damages that emerge in the ordinary course of occasions from the breach of agreement are called ordinary damages. Damages emerging out of characteristic and probable results of break of agreement are likewise viewed as an ordinary damage.
What are Indirect Damages Called as Per Law
Indirect damages (also called special damages) are those the parties, with their intimate knowledge of the deal, would expect the non-breaching party to incur. Examples of indirect damages fall into two categories, incidental and consequential damages.