damages theory

Damages theory in law refers to the principles used to determine the compensation owed to a person who has been wronged. It aims to restore the injured party to the position they would have been in if the harm had not occurred. This includes measurable losses like medical bills, property damage, and lost income, as well as non-economic harm such as pain and suffering. The goal is fair compensation that reflects the actual impact of the wrongful act, helping to make victims whole while discouraging future misconduct.