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Fact Pattern 9-2
Blake lives in a jurisdiction that applies joint and several liability along with the doctrine of contribution. He was involved in a very unfortunate motor vehicle accident. Tony hit Blake's new Mercedes in the rear just as Cathy crossed the center line and sideswiped him. Blake's car was severely damaged, and Blake suffered from whiplash for a few weeks. Blake sued both Tony and Cathy. It was determined at trial that both Tony and Cathy were negligent, that Blake was not negligent, that Tony was 60% responsible for Blake's injuries, that Cathy was 40% responsible for Blake's injuries, and that Blake's total damages were $100,000.
-Refer to fact pattern 9-2. Assuming she has the financial resources or sufficient insurance,can Blake recover the entire $100,000 from Cathy?
Operating Costs
Expenses associated with the routine functioning of a business or system.
Long-Term Gains
Profits or advantages achieved over an extended period, contrasting with immediate or short-term benefits.
Cost of Goods Sold
An accounting term referring to the direct costs attributable to the production of goods sold by a company.
Rent Expense
A periodic payment made by a tenant to a landlord for the use of premises, buildings, or land.
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