Damages — Section 73 — KSLU Contract 1 Notes

Damages — Section 73

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    A["Damages — S.73"]:::root
    A --> B["General (ordinary)<br/>loss naturally arising —<br/>first limb"]:::leaf
    A --> C["Special<br/>loss from special<br/>circumstances KNOWN to<br/>both — second limb"]:::leaf
    A --> D["Nominal — token, for a<br/>right infringed without loss"]:::leaf
    A --> E["Remote & indirect loss<br/>NOT recoverable"]:::no
    A --> F["Duty to MITIGATE<br/>the loss"]:::leaf

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Section 73 is the master section: compensation is recoverable for loss naturally arising in the usual course (general damages) or which the parties knew, when contracting, to be likely to result (special damages); remote and indirect loss is excluded. The injured party must mitigate his loss. Kinds: ordinary, special, nominal (token, for a right infringed without real loss), and exemplary (rare in contract — e.g. wrongful dishonour of a trader’s cheque, breach of promise to marry).