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Types of Damages in Contract Law by Tripti Sharma is a document available to read on EtoBox.
- Damages awarded for breach of contract must be proximate, not remote consequences of the breach. Nominal damages may be awarded if no real loss occurred. Exemplary damages are intended to deter wrongdoing, not merely compensate. - Prospective damages may be awarded for future effects of the breach. In Hadley v. Baxendale, the court ruled damages must be reasonably foreseeable at the time of contracting. General damages naturally arise from breach; special damages require knowledge of special circumstance
- Author
- Tripti Sharma
- Language
- EN