What are exemplary damages?
Exemplary damages are often referred to as punitive damages. These are damages awarded to a plaintiff in a lawsuit when the defendant’s actions were malicious, willful or reckless.
Exemplary damages are in excess of the plaintiff’s actual losses. Rather than compensation, exemplary damages are intended to serve as a punishment and to make a public example of the defendant to warn others against engaging in the same type of conduct.
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good explanation.