Exemplary damages are otherwise called as ________a)Punitive damagesb)...
Exemplary damages are otherwise called as vindictive damages.
Exemplary damages are a type of damages that are awarded by a court to punish a defendant for their wrongful conduct. They are intended to deter the defendant and others from engaging in similar conduct in the future. Exemplary damages are also known as punitive damages or vindictive damages.
What are punitive damages?
Punitive damages are a form of monetary compensation that is awarded to a plaintiff in a civil lawsuit to punish the defendant for their egregious conduct. Punitive damages are typically awarded in cases where the defendant's conduct was malicious, fraudulent, reckless, or intentional.
What is the purpose of punitive damages?
The purpose of punitive damages is not to compensate the plaintiff for their losses, but rather to punish the defendant for their wrongful conduct. Punitive damages are intended to deter the defendant and others from engaging in similar conduct in the future.
How are punitive damages calculated?
The amount of punitive damages that a plaintiff can receive in a civil lawsuit varies depending on the jurisdiction and the facts of the case. In some jurisdictions, there is a cap on the amount of punitive damages that can be awarded. In other jurisdictions, there is no cap, and the amount of punitive damages is left to the discretion of the jury or judge.
Conclusion
Exemplary damages, also known as punitive damages or vindictive damages, are awarded by a court to punish a defendant for their wrongful conduct. They are intended to deter the defendant and others from engaging in similar conduct in the future. Punitive damages are not intended to compensate the plaintiff for their losses, but rather to punish the defendant. The amount of punitive damages that can be awarded varies depending on the jurisdiction and the facts of the case.
Exemplary damages are otherwise called as ________a)Punitive damagesb)...
Correct answer is C