Page 92 - Liability Insurance IC74

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(b)Punitive damages - Special and general damages are
known as 'compensatory' damages. Some states in the
U.S also award punitive damages as an additional
amount, by way of punishment and warning to others,
where the conduct has shown willful or wanton disregard
of safety considerations. These are also called
exemplary damages. The juries in these states may
multiply the basic amount of general damages by 5, 10
or even 20. Hence, these damages are also known as
multiplicatory damages.

(c) Consumer Protection Act 1986 - This Act was
passed to provide for better protection of the interests
of consumers and to make provision for the
establishment of consumer Council and other authorities
for the settlement of consumers' disputes.

Some definitions provided in the Act are as follows:

(a)' Goods' means goods defined in the Sale of Goods
Act, 1930.

(b) 'Consumer' means any person who: (i) accepts
goods for a global, includes any user of such goods,
but does not include a person who obtains such goods
for resale or for any commercial purpose,(ii) hires
or avails of any services for a consideration and
includes beneficiary of such services.

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