What are intangible damages?

Prepare for the USAA Licensing Exam with interactive flashcards and multiple choice questions, each featuring hints and explanations. Get exam-ready today!

Intangible damages refer to non-economic losses that cannot be easily quantified with a specific dollar amount. These are damages that relate to the emotional and psychological impact of an injury or loss. Examples include pain and suffering caused by an injury, mental anguish from emotional distress, or loss of enjoyment of life due to a debilitating condition.

In contrast, the other options focus on economic or quantifiable damages. Economic losses involve direct financial impacts, such as those from property damage or future earnings. Legal fees are also a tangible expense that can be calculated and assigned a monetary value. Thus, the focus on non-economic factors makes the choice of intangible damages aligning with the definition and common understanding of the term.

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