answersLogoWhite

0


Best Answer

Yes, but you must ask yourself, how do you quantify lost profits with certainty?

User Avatar

Wiki User

11y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: Are damages for lost profits considered expectation damages?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

What has the author Bruce P Feldthusen written?

Bruce P. Feldthusen has written: 'Liability for pure economic loss' 'Economic negligence' -- subject(s): Negligence, Damages, Lost earnings damages, Lost profits damages


What has the author Robert L Dunn written?

Robert L. Dunn has written: 'Recovery of Damages for Fraud' -- subject(s): Damages, Fraud, Torts 'Recovery of Damages for Lost Profits'


Can a patent infringer be made to pay for destroying the patent holders' livelihood?

Remedies for patent infringement vary from country to country. In the US, a patent owner generally receives the larger of either a "reasonable royalty" or lost profits. In the case of willful infringement, where the infringement is found to be deliberate, damages may be awarded up to three times actual damages.


What type of damages are available in tort lawsuits?

In a broad manner of speaking these are the types of tort damages that exist: General damages These are awarded once the tort is proved to have happened. The amount depends on the traditions of/ rules governing the particular court. No proof of actual damages required, just proof of the tort itself. Special damages These are actual losses proximately caused by the tort such as medical bills, lost wages, car repairs, and in very special cases lost profits from a business. Punitive damages As the name suggests, these damages are awarded to punish particularly bad torts. It is one thing to strike a pedestrian with a car, it is another to do it while driving high for the fifth time that week. The defendant may suffer punitive damages for such egregious conduct in addition to all the other damages. - by Prof Steven Value Bar Prep books on amazon and kindle CaliforniaBarHelp . com


What genre of music is lost profits?

Hard Rock/ Alternative Rock


What has the author Michael L Brookshire written?

Michael L. Brookshire has written: 'Economic damages' -- subject(s): Damages, Forensic economics, Lost earnings damages, Trial practice


What is the recommendation of the future pricing strategies?

The recommendation of future pricing strategies is actually to increase prices among steady customers. Less investments should also be considered if the company has lost some profits.


What is judgment in a lawsuit mean?

The judgement is the final decision - who won, who lost, and what the damages are.


Is there recourse if patient information is lost or stolen?

If patient information is lost or stolen and harm comes to the patient, the patient may sue for damages. This means that damages must have occurred in order for the patient to obtain monetary compensation.


What are examples of actual or compensatory damages?

Actual or compensatory damages are sometimes used in the same manner. Generally, both are given to reimburse the victim's economic losses. So examples of compensatory damages involve lost wages and earnings as well as medical expenses incurred as a result of the accident and/or incident at work. The specific amount of money lost by the victim is reimbursed by actual or compensatory damages.


Was Cleopatra successful?

Cleopatra cannot be considered successful, by any means. She lost everything.Cleopatra cannot be considered successful, by any means. She lost everything.Cleopatra cannot be considered successful, by any means. She lost everything.Cleopatra cannot be considered successful, by any means. She lost everything.Cleopatra cannot be considered successful, by any means. She lost everything.Cleopatra cannot be considered successful, by any means. She lost everything.Cleopatra cannot be considered successful, by any means. She lost everything.Cleopatra cannot be considered successful, by any means. She lost everything.Cleopatra cannot be considered successful, by any means. She lost everything.


Do you pay taxes on money from out of court settlement?

The following settlement amounts received by compromise or judgment must be included in income on tax returns. Interest on any award. Compensation for lost wages or lost profits. Punitive damage awards. Amounts received in settlement of pension rights (if taxpayer did not contribute to plan). Damages for: patent or copyright infringement operations, breach of contract, or interference with business operations. Back pay and damages for emotional distress received to satisfy a claim under Title VII of the Civil Rights Act of 1964. Attorney fees and court costs where the underlying recovery is included in income. The following compensatory damages are not included in income: Personal physical injury or physical sickness, and Emotional distress due to physical injury or sickness. Additional resources: Court Awards and Damages Punitive Damages Publication 4345 Settlements - Taxability