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Qianlizhixing Posted 19 years ago
Legal Studies

exemplary damages

0Neither party shall be liable for incidental, special, consequential or01font00 exemplary damages02font00 under the Agreement.02br
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00Can you tell me what "exemplary" mean here? what is exemplary damages? Does damages mean loss or money?02br
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00Thanks!0-
  

Top answer

02br 00Why don't you trying looking up them in dictionaries yourself because it will be better for your learning. 0-

  • 02br 00Why don't you trying looking up them in dictionaries yourself because it will be better for your learning.
  • 0-
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4 Answers
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0 00[before noun]00 00describes a punishment that is severe and intended as a warning to others:02br
00The judge awarded exemplary damages.02br
00Why don't you trying looking up them in dictionaries yourself because it will be better for your learning. 0-
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0Thanks for your help!02br
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00Because I know very little about American/British law. I did not understand what the exemplary damages mean.02br
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00Thanks again!0-
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0Basically, the same as "punitive damages". They are a measure of damages which put the non-breaching party in a better position than they would have been had the contract been performed and are seldom awarded in contract because the burden of proof in such cases is extremely high.0-
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0 Thanks very much 0-

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