DAMAGES II CLAIMS II COMPENSATION II CHAPTER 23 II R.K. BANGIA II LAW OF TORTS II THELEGALRESEARCHER

Damages refer to the monetary amount awarded by a court to a person
who has suffered loss or injury due to another party's wrongful act or
negligence. The primary purpose of damages is to compensate the
injured party and restore them to the position they would have been in if
the wrongful act had not occurred. There are several types of damages:
Compensatory Damages
2. Punitive Damages:
3. Nominal Damage
4. Liquidated Damage
A claim is a formal request for compensation or damages made by an
individual or entity who believes they have suffered a loss or injury due
to another party's actions. Claims can be made in various contexts, including:
5. Insurance Claims: Requests for payment based on the terms of an
insurance policy.
6. Legal Claims: Formal demands for compensation or damages filed
in a court of law.
7. Contractual Claims: Requests for fulfillment of obligations or
compensation for breaches under a contract
Compensation is a broader term that encompasses various forms of
redress provided to an individual for loss, injury, or harm suffered. It aims
to make the injured party whole again, restoring them to the position
they were in before the incident. Compensation can be monetary or non- monetary and is not necessarily linked to a legal wrongdoing. It includes:
8. Financial Compensation: Payments for medical expenses, lost
income, and other financial losses. For example, if a person is
injured due to a defective product, they may receive financial
compensation for their medical treatment and lost wages. 9. Non-Financial Compensation: Benefits such as medical treatment, rehabilitation services, or counseling. For instance, a victim of a
traumatic event may receive counseling services as part of their
compensation. Benefits such as medical treatment, rehabilitation.

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