2023년 2월 1일 수요일

What is the difference between pecuniary and non-pecuniary Damages in English contract law?

Pecuniary damages are a form of monetary compensation awarded to a claimant for losses suffered due to a breach of contract. This type of damages is typically awarded for losses that can be calculated in monetary terms, such as lost profits, lost wages, or lost benefits. Non-pecuniary damages are a form of compensation awarded to a claimant for losses that cannot be calculated in monetary terms. These damages are typically awarded for losses such as pain and suffering, emotional distress, or loss of enjoyment of life. Non-pecuniary damages are not intended to put the claimant in a better financial position than they would have been in had the breach of contract not occurred.

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