Which of the Following Would Be the Most Likely Effect

question 119

Multiple Choice

Which of the following would be the most likely effect of a 75 percent tax on punitive awards by juries?

• A) An increase in the number of lawsuits asking for punitive damages
• B) A decrease in the number of cases settled out of court
• C) An increase in the incentive for plaintiffs to pursue legal action against individuals or businesses who have caused injury due to gross negligence
• D) An increase in pretrial settlements since plaintiffs are willing to accept lower settlement amounts that are not taxed

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Definitions:

Global Mind-Set

An attitude or approach that considers the full spectrum of global and multicultural factors in decision-making and strategizing.

Country Contexts

The unique combination of social, economic, political, and cultural factors that characterize each country and influence business operations and strategies.

Global Leadership Ability

The capability to influence and guide individuals or groups from different countries towards achieving organizational goals.

Expatriate

An individual living and working in a country other than their country of citizenship, often temporarily and for work reasons.