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Kind of Damages and Article Defintion Example
Kind of Damages and Article Defintion Example
AND ARTICLE
Chapter 2
Article 2199 – 2215 It is a monetary compensation
given in satisfaction of loss
suffered by a person. Simply
Actual or Compensatory put, they are awarded to
redress sufferings of a
plaintiff that is duly proved.
Article 2199
Chapter 3
Section 2
Article 2221-2223
Article 2224
Temperate or moderate
damages, which are more than
nominal but less than
compensatory damages, may be
recovered when the court finds
that some pecuniary loss has
been suffered but its amount
can not, from the nature of the
case, be provided with
certainty.
Liquidated damages are
Chapter 3 those awarded to a plaintiff
Section 4 who suffered loss or injury
Article 2226-2228 due to a breach of contract.
Two contracting parties
agreed to have a certain
Liquidated Damages amount of money which
will serve as either penalty
or indemnity in case one of
Article 2226 them breached the contract.
Liquidated damages are those
agreed upon by the parties to a
contract, to be paid in case of
breach thereof.
Chapter 3
Section 5 Exemplary damages are
Article 2229-2235 awarded in addition to the
above-mentioned damages.
The plaintiff must first be
entitled to compensatory,
Exemplary or Corrective
nominal, temperate, or
Damages liquidated damages before the
court may consider granting
exemplary damages.
Article 2229
Exemplary or corrective
damages are imposed, by way
of example or correction for the
public good, in addition to the
moral, temperate, liquidated or
compensatory damages.
REFERENCES:
Damages Awarded under Philippine Law. (2020, May 4). Nicolas & De Vega Law Offices.
https://ndvlaw.com/damages-awarded-under-philippine-law/
Dallas, K. (2021, March 8). Supreme Court rules cases involving only nominal damages can
court-rules-in-favor-of-student-barred-from-sharing-his-faith-alliance-defending-freedom