Automobile Fraud: 9.2.9.2 Punitive Damages
The UCC provides that punitive damages may be recovered only “as specifically provided in this Act or by other rule of law.”216 The general rule of contract law and the UCC is that punitive damages are unavailable.217 The purpose of punitive damages is to punish the wrongdoer and deter similar acts.218 Contract damages are designed to make the aggrieved party whole,219 not to punish another fo