Posted: June 24th, 2022

Write a five paragraph essay regarding three different types of damages in a contract claim.

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Write a five paragraph essay regarding three different types of damages in a contract claim.
DO NOT use referencing!
Here is some insight:
Punitive damages are considered punishment and are typically awarded at the court’s discretion when the defendant’s behavior is found to be especially harmful. Punitive damages are normally not awarded in the context of a breach of contract claim.
https://www.law.cornell.edu/wex/punitive_damages#:~:text=Punitive%20damages%20are%20considered%20punishment,a%20breach%20of%20contract%20claim (Links to an external site.).
Damages awarded for breach of contract: Generally, the purpose of an award of damages for breach of contract is to compensate the injured party. The general rule is that damages are meant to place the claimant in the same position as if the contract had been performed. Damages are usually awarded for expectation loss (loss of a bargain) or reliance loss (wasted expenditure).
In some cases the court may award damages which go beyond a strict measure of compensation. Examples of non-compensatory damages include nominal damages, aggravated damages, restitutionary damages and account of profits.
Damages for breach of contract are subject to the principles of remoteness (Links to an external site.), causation (Links to an external site.)and mitigation (Links to an external site.). For more information see
Breach and remedies—overview:
https://www.lexisnexis.com/uk/lexispsl/commercial/document/391297/5GBR-K7F1-F186-634N-00000-00/Breach_of_contract_overview

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