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What is Aim of Damages about?

The primary aim of awards for contract damages is to provide compensation to the injured party, restoring them to the position they would have been in if the breach had not occurred. While the current legal framework emphasizes compensation, it may lead to under-compensation, suggesting that additional purposes like deterrence and recognition of lost business opportunities should be pursued. Proposed reforms include incorporating punitive damages and recognizing loss of business opportunities in the law on

Author

aprincy29

Language

EN