0
In contracts "damages" are what you sustain from a breach of the agreement. Damages are also what third parties could claim for damages to their property or for personal injuries. Indemnities provide you with protection against third party claims for injuries or damages they sustained as a result or actions by one of the parties to the agreement.
What else can I help you with?
What is the difference between general damages and special damages?
How are ordinary damages are different from special damages
What is the difference between punitive damages and restitution damamges?
Restitution is compensation for loss, damages or injury. The amount being equal to the loss, damage or injury. Punitive Damages go beyond compensation. They are "punishment" for the wrong doing. They are also used to deter the wrong doer from doing it again in the future. The amount is not limited.
Difference between damages and compensation?
According to my opinion, Compensation directly attach to the physical injury of the body like in a road accident. In contrast damages could be any other loss in shape of measure-able form or access able form.
What is the difference between punitive and compensatory damages in a legal context?
Punitive damages are meant to punish the defendant for their actions, while compensatory damages are meant to compensate the plaintiff for their losses.
What is the difference between Non Trucking Liability insurance and Bobtail Insurance?
your not covered for damages
What is the difference between discount and loss?
hi I'm Nivedita.the difference between discount and loss is discount is the reduced price whereas loss means the amount of money lost from the c.p.
Loss of profit is not an example of liquidated damages?
NO
Is Loss of profit is an example of liquidate damages?
No
Difference between Profit and loss account and Profit or loss account?
No difference. It is just a matter of symantics (different ways to say the same thing).
What is the difference between general damages and special damages in a legal context?
In a legal context, general damages refer to compensation for non-monetary losses like pain and suffering, while special damages are specific, quantifiable financial losses such as medical bills or lost wages.
What is the difference between 'particular average loss' and 'general average loss'?
both have a slight tinge of "epic"
What is the difference between general and special damages in a legal context?
General damages refer to compensation for non-monetary losses such as pain and suffering, while special damages are specific financial losses like medical bills or lost wages.
