What type of damages are intended to reform or deter the defendant and others from similar conduct?

The correct answer is punitive damages. These types of damages are specifically designed to go beyond merely compensating the victim for their losses. Instead, punitive damages aim to punish the wrongdoer for particularly egregious or reckless behavior and to serve as a deterrent to both the defendant and others from engaging in similar conduct in the future. By imposing financial consequences that significantly exceed the actual harm suffered, the legal system seeks to emphasize the seriousness of the defendant's actions and discourage such behavior.

Compensatory damages, for instance, are focused solely on making the injured party whole by reimbursing them for the losses they incurred due to the defendant's actions. Nominal damages represent a small monetary award given when a legal wrong has occurred without any substantial harm or loss, while liquidated damages refer to a pre-determined amount of money that must be paid upon a breach of contract, rather than serving a punitive or deterrent purpose.