BACHELOR OF BUSINESS ADMINISTRATION

Detailed explanation-1: -Punitive damages go beyond compensating the aggrieved party. They are specifically designed to punish defendants whose conduct is considered grossly negligent or intentional. Punitive damages are also referred to as exemplary damages as they are intended to set an example to deter others from committing similar acts.

Detailed explanation-2: -Individuals can also be ordered to pay punitive damages that injure someone else due to negligent behavior. Examples of this would be drunk driving or distracted driving. In both cases, the defendant would have made a conscious decision to engage in behavior that could easily harm another person.

Detailed explanation-3: -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-4: -DEFINITION. In Black’s Law dictionary ‘punitive/ exemplary damages’ is defined as ‘Damages awarded in addition to actual damages when the defendant acted with recklessness, malice, or deceit; specif., damages assessed by way of penalizing the wrongdoer or making an example to others.

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.