Punitive damages are: Group of answer choices money damages awarded to punish the defendant for gross and wanton negligence and to deter future wrongdoing. money damages whose amount the parties designate during the formation of a contract for the injured party to collect as recompense upon a specific breach. money damages to recompense for economic losses, or losses stemming from injuries. very small damages awarded to show that the loss suffered was technical rather than actual. pre-established damages for cases where calculating a correct sum is deemed difficult.

money damages awarded to punish the defendant for gross and wanton negligence and to deter future wrongdoing.

Explanation:

Punitive damages are money damages awarded to punish the defendant for gross and wanton negligence and to deter future wrongdoing.

In litigations, the amount of money awarded by a court of competent jurisdiction to punish a defendant for a crime committed or such wrongdoings (gross and wanton negligence) and by extension serves as a deterrence to others is known as a punitive damage.

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