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COMPENSATORY AND EXEMPLARY DAMAGES Definition & Legal Meaning

Definition & Citations:

Compensatory damages are such as will compensate the injured party for the injury sustained, and nothing more; such as will simply make good or replace the loss caused by the wrong or injury. McKnight v. Denny, 198 Pa. 323. 47 Atl. 970; Reid v. Terwilliger. 116 N. Y. 530, 22 N. E. 1091 ; Monongahela Nav. Co. v. U. S

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