Employment Law
Statutory damages are a predetermined amount of money awarded by law to a plaintiff in a lawsuit for violations of certain laws, particularly in cases involving intellectual property. These damages are specified within statutes, meaning that the law provides clear guidelines on how much a party can recover without needing to prove actual harm or losses. In the context of intellectual property disputes, statutory damages serve as a deterrent against infringement and ensure that copyright holders can pursue legal action even if they cannot prove direct financial losses.
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