Introduction of damages – Tashishana Sam General damages – Tumusiime Clare Special damages – Apili Charity Nominal damages – Nambooze Gladys Contemptuous damages – Akiteng Doreen Punitive damages – Tumusiime Clare Contemptuous damages – Akiteng Doreen Exemplary damages – Abaho Elizabeth Liquidated damages – Abaho Elizabeth Unliquidated damages – kayesu Claire Speculative‚ ordinary‚ damage for loss of reputation and aggravated damages. Damages These are compensation
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Damages Compensation for causing loss or injury through negligence or a deliberate act‚ or a court’s estimate or award of a sum as a fine for breach of a contract or of a statutory duty. Types of damages include (1) General: damages that are presumed in law and follow indirectly from a wrong. They need not be specifically-claimed or proved to have been sustained‚ and are awarded also where an injury or loss (such as physical pain and mental anguish) cannot be precisely estimated. (2) Special (or
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Jacques Michael le Roux 56066481 LPL 4802 – Law of Damages Unique number: 555646 Content 1. Introduction 2. Losses Suffered by the Claimants 3. Quantification of Each Head of Damage 3.1 Medical and Other Expenses Incurred 3.2 Future Medical and Other Expenses Incurred 3.3 Loss of Past Income or Earnings 3.4 Loss of Earning Capacity 3.5 Loss of Profit 3.6 Damages for Medical and Funeral Expenses caused by Death 3.7 Damages for Loss of Support caused by Death 4. Conclusion 5. Bibliography
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Outline GENERAL PRINCIPLES GOVERNING DAMAGES COMPENSATION Harris v. Peters Compensatory damages are those awarded to a person as compensation‚ indemnity‚ or restitution for a wrong or injury sustained by him. The purpose of compensatory damages is to make the injured party whole and restore him to the position he was in before the loss‚ but not to enable him to make a profit or windfall. When personal property is destroyed or rendered useless‚ the measure of damages is the fair market value of the
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cancellation‚ interdict and damages. The Zimbabwean law unlike the English law allows or permits the plaintiff to choose his remedies provided he does not want to just enrich himself. Further‚ the plaintiff should not endeavor to enforce two inconsistent remedies. SPECIFIC PERFORMANCE This is enforcement or calling of enforcement of the exact performance by the injured party to a contract. Our law does not allow a party in breach of a contract to rid their default by paying damages but‚ allows the injured
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Q1. What is monetary policy? Answer:- Monetary policy is government change in money supply to influence the economy‚ to solve economies problems. Economies problems include inflation in boom‚ unemployment etc. change in the money supply move interest rates up or down and affect spending in sectors such as business investment‚ housing‚ and foreign trade. Monetary policy has an important effect on both actual GDP and potential GDP. Q2. If the government wanted to slow down the economy (when
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Undergraduate study in Economics‚ Management‚ Finance and the Social Sciences Monetary economics R. Love EC3115‚ 2790115 2011 Monetary economics R. Love EC3115‚ 2790115 2011 Undergraduate study in Economics‚ Management‚ Finance and the Social Sciences This subject guide is for a Level 3 course (also known as a ‘300 course’) offered as part of the University of London International Programmes in Economics‚ Management‚ Finance and the Social Sciences. This is equivalent to Level
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MONETARY POLICY Monetary policy is the process by which the Monetary authority of a country controls the supply of money‚ often targeting a rate of interest for the purpose of promoting economic growth and stability. Fiscal Policy is government spending policies that influence macroeconomic conditions. These policies affect tax rates‚ interest rates and government spending‚ in an effort to control the economy. How is the Monetary Policy different from the Fiscal Policy? The Monetary Policy regulates
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Economics Paper Monetary Policy The term ’Monetary Policy ’ refers to what the Federal Reserve (Fed) and the National Central Bank does to influence the amount of money and the credit of the U.S. Economy. What happens to money and credit affects the interest rate and the performance of our economy. The definition of the Monetary Policy is the regulation of the money supply and interest rates by the central bank and the Federal Reserve Board‚ in order to control inflation and stabilize the
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The Objective and Formulation of Monetary Policy in Malaysia Anas Faizal Aning & Rubin Sivabalan Monetary Assessment & Strategy Department 6 July 2010 Auditorium‚ Bank Negara Malaysia 2.30-4.30pm DISCLAIMER: Views expressed in this presentation are those of the author and do not necessarily represent those of BNM nor are they necessarily 1 Presentation to TAR College‚ July2010 endorsed by BNM. Presentation outline Monetary Policy and Macroeconomic objectives The importance of price stability
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