5.01 Essential Elements of a Claim is a set of criteria used to determine the validity of a claim. The five essential elements of a claim are (1) a factual statement, (2) a legal basis for the claim, (3) a remedy sought, (4) a cause of action, and (5) the damages sought. Factual Statement — A factual statement is a statement of facts or circumstances which form the basis of the claim. This statement can be made orally or in writing and must include a clear and concise description of the events that occurred or the circumstances that led to the claim being made. Legal Basis — A legal basis is a valid reason or justification for making the claim. This could include a breach of contract, a tort (such as negligence or intentional infliction of emotional distress), or a violation of a statute or law. Remedy Sought — A remedy is the desired outcome of the claim. This could involve obtaining a court order, a monetary award, or an injunction, among other things. Cause of Action — A cause of action is the basis for filing a lawsuit. This is typically a legal wrong that has been committed and is the basis for the claim. Damages Sought — Damages are the amount of money sought in the lawsuit as compensation for the wrong committed. These damages can be compensatory (for actual losses), punitive (for intentional wrongdoing), or nominal (for symbolic damages).