BACHELOR OF BUSINESS ADMINISTRATION

Detailed explanation-1: -punitive damages, also called exemplary damages, legal damages a judge or a jury may grant a plaintiff to punish and make an example of the defendant.

Detailed explanation-2: -If punitive damages are ordered by a court, they are essentially punishing the defendant, who must pay the amount of money designated and give it to the plaintiff.

Detailed explanation-3: -Although there is no maximum sum, punitive damages typically do not exceed four times the amount of compensatory damages. For example, if a plaintiff recovers $100, 000 in compensatory damages and is awarded punitive damages, they most likely will receive up to $400, 000 in punitive damages.

Detailed explanation-4: -Punitive damages are awarded in addition to actual damages in certain circumstances. Punitive damages are considered punishment and are typically awarded at the court’s discretion when the defendant’s behavior is found to be especially harmful.

Detailed explanation-5: -Punitive damages are damages that are awarded in addition to contemporary damages. They are awarded as punishment for the defendant’s serious misconduct and as a means of deterring the defendant and others from such behavior.