Term
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Definition
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Term
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Definition
| Special damages beyond the contract. A contractor fails to deliver supplies to a another company, which causes the other company to loose $500.00 on an order. |
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Term
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Definition
| Punish the wrongdoer. Person writes checks to himself for cash, takes money from the business. The partner may punish them for the wrong doing. |
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Definition
| There was a wrongdoing, but no monetary loss occurred. A person offers internet for 29.99, but fails to delive service, meanwhile another company offers the same service for 19.99. |
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Term
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Definition
| mitigate the damages. For example, the injured party may have to buy goods from another seller at a higher price and then sue for the difference of the contract |
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