Which of the Following Statements Is True About Compensatory and Punitive

question 44

Multiple Choice

Which of the following statements is true about compensatory and punitive damages?

• A)Punitive damages seek to compensate the plaintiff for his/her injuries.
• B)There are clear guidelines and available standards for compensatory damages to be awarded for pain and suffering.
• C)Compensatory damages refer to money awarded to the plaintiff when the defendant acts wantonly,to punish the defendant,and to deter future wrongdoing.
• D)Compensatory damages can be awarded for past,present,and future losses.
• E)With regard to punitive damages,the jury is awarded a sum of money to compensate the plaintiff.

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Definitions:

ROI

Return on Investment is a performance measure used to evaluate the efficiency or profitability of an investment relative to its cost.

Residual Income

The amount of income that an entity has after all personal debts and expenses, including a mortgage, have been paid.

Residual Income

A measure of profitability that calculates the net income an investment or division generates above a specified minimum return.

West Division

The West Division can refer to a specific geographical or organizational subsection of a company or sports league, typically located in the western part of a country or region.