What do you mean by compensation by price?

1. What do you mean by compensation according to the price?

1, ad valorem compensation means compensation at market price. Generally applicable to compensation for damaged goods. Considering the service life of the damaged goods, compensation should be made at the replacement price (discounted price). No matter what the owner of the damaged goods buys or the price given by others, it will not affect the price of compensation.

2. Legal basis: Article 179 of the Civil Code of People's Republic of China (PRC).

The main ways to bear civil liability are:

(1) Stop the infringement;

(2) remove obstacles;

(3) eliminating danger;

(4) returning property;

(5) restitution;

(six) repair, rework and replacement;

(7) continue to perform;

(8) Compensation for losses;

(9) Paying liquidated damages;

(ten) to eliminate the influence and restore the reputation;

(eleven) apologize.

Where the law provides for punitive damages, such provisions shall prevail.

The ways of bearing civil liability as stipulated in this article can be applied separately or in combination.

Second, what are the procedures for ad valorem compensation in civil litigation?

The procedure of ad valorem compensation in civil litigation is as follows:

1, prosecution, acceptance, submission of defense, court investigation stage, court debate, judgment and judgment announcement;

2. If a party refuses to accept the judgment of the local people's court of first instance, he has the right to appeal to the people's court at the next higher level within 15 days from the date when the judgment is served.