BUSINESS ADMINISTRATION
BUSINESS LAW
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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misrepresentation
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mistake
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fraud
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all of the above
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Detailed explanation-1: -Regarding quantum, punitive/ exemplary damages may be awarded to an extent not greater than twice the amount of the damages liable to be paid.
Detailed explanation-2: -Punitive Damages in Tort Law In the case of tort liability, courts may choose to apply punitive damages. However, they will typically only do so if the plaintiff can prove that the defendant engaged in an intentional tort and/or engaged in wanton and willful misconduct.
Detailed explanation-3: -To support a claim for punitive damages, the plaintiff must show that the conduct of the defendant was harsh, vindictive, reprehensible or malicious, which are adjectives adopted by McIntyre J., writing for the majority in Vorvis v.
Detailed explanation-4: -Punitive damages are awarded in addition to compensatory damages. Punitive damages are rarely awarded for breach of contract. They arise more often in tort cases, to punish deliberate or reckless misconduct that results in personal harm.