: An amount specifically agreed upon in a contract before any breach even happens. Proving a Claim
: A small sum (often $1) awarded when a legal right was violated but no actual financial loss occurred. Damages
: The most common type; it aims to "make the victim whole" by covering actual losses like medical bills or lost wages. : An amount specifically agreed upon in a
: Extra money ordered as punishment for especially harmful or reckless behavior. Damages