Monetary damages are awarded only for losses that are:
A. unknown.
B. uncertain.
C. unavoidable.
D. unknown, uncertain and unavoidable.
Answer (2)
Monetary damages are awarded only for losses that are certain and quantifiable. The correct answer is not provided in the options but understanding the concept is crucial. Losses must be identifiable and attributable to the defendant's actions.
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Monetary damages, often referred to as compensatory damages, are awarded in legal cases to compensate a party for losses suffered due to another party's breach of contract, negligence, or unlawful acts. In legal principles concerning damages, only certain types of losses are generally recoverable.
In legal terms, monetary damages are typically awarded for losses that are:
Certain : The losses must be definite and capable of determination. This means that damages should be clearly quantifiable based on evidence and cannot be speculative.
Known : The damages must be known or reasonably foreseeable at the time of the breach or wrongful act. Parties are not compensated for losses that were completely unforeseeable.
Avoidable (or Mitigated) : The claimant is expected to take reasonable steps to mitigate or avoid additional damages. This principle is known as the duty to mitigate.
Therefore, considering the options in the question, monetary damages are not awarded for losses that are unknown, uncertain, and unavoidable . They are rather awarded for losses that are certain, known, and avoidable if practical steps could have been taken to prevent them.
