kompensaatiovelvoite

Kompensaatiovelvoite, often translated as compensation obligation or compensatory duty, is a legal concept found in various jurisdictions, particularly in Finnish law. It refers to a situation where an individual or entity is legally required to compensate another party for harm or loss suffered. This compensation aims to restore the injured party to the position they would have been in had the damaging event not occurred.

The origins and specifics of compensation obligations can vary depending on the legal framework. In many cases, compensation arises from a breach of contract, tortious conduct (a civil wrong), or statutory provisions. For instance, if a party fails to fulfill contractual obligations and causes financial damage to the other party, a compensation obligation may arise. Similarly, if someone's negligence leads to injury or property damage, they may be liable to compensate the victim.

The scope of compensation can encompass various forms of damages, including economic losses, such as lost profits or repair costs, and sometimes non-economic losses like pain and suffering, though the latter are often more restricted. The burden of proof typically lies with the party claiming compensation to demonstrate the existence of the harm, its causal link to the respondent's actions or omissions, and the extent of the loss. Legal proceedings are often necessary to establish and enforce compensation obligations.