Future Business Leaders of America (FBLA) Business Law Practice Exam

What type of payment is recovered in court by a person who has suffered an injury?

1. Damages

2. Debtor

3. Default

4. Deed

The correct answer is: Damages

The correct choice is damages, which refers to a sum of money awarded to a person as compensation for injury or loss as determined by a court. When someone suffers an injury due to another party's negligence or wrongful act, they may seek damages to recover their losses. This includes compensation for various types of harm, such as medical expenses, lost wages, pain and suffering, and other related costs that arise from the injury. The term damages encompasses both compensatory damages, which aim to restore the injured party to their pre-injury condition, and punitive damages, which are designed to punish the wrongdoer and deter similar future conduct. This legal remedy serves to provide justice and a financial remedy to those who have been wronged. Understanding damages is crucial in the field of business law, especially as it relates to personal injury cases. It highlights the responsibility of parties to compensate those harmed by their actions and reinforces the legal system's role in providing appropriate recourse to victims. The other terms do not relate directly to the compensation awarded for injury; debtor refers to someone obligated to pay a debt, default involves failing to fulfill a legal obligation or repayment, and deed generally relates to a legal document that conveys property but is not connected to injury compensation.