What are compensatory damages?
Compensatory damages are often referred to as money damages and will generally be applicable if the guilty party has breached the terms of the agreement in the contract. Compensatory damages will both be money damages for the current period as well as all foreseeable periods if the plaintiff is able to prove foreseeable damages as a result of the breach. Examples of compensatory damages consist of breaches of contracts during sale of goods and during the sale of services:
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