Business Studies, asked by selfcarevirag, 11 months ago

10) These are the damages awarded in case of loss of profits:
a) General damages b) Special damages c) Vindictive damages
d) Nominal damages​

Answers

Answered by deepugoyat19
5

a)General Damages is the answer...

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Answered by viratgraveiens
0

From business standpoint,special damages refer to the damages that somehow leads to some kind of economic loss for any business or company.Hence,damages leading to loss of profit would be special damages and correct answer is option b).

Explanation:

Special damages are categorized as damages which lead to some kind of monetary or financial loss for the victim or sufferer.Special damages can arise from various undesirable circumstances in business such as unanticipated costs/expenses,extra charges and fees,repairing and maintenance costs,expenses to fix damaged assets or properties,injury or accident costs and so forth.These expenditures are extra or additional and eventually leads to the reduction in company or business profit or some kind of economic loss.Damages are compensated to the sufferer or victim of loss as these are special circumstances and wouldn't have happened under normal situations

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