Provide a Brief Description of the Nature of the Expenses

question 41

Essay

Provide a brief description of the nature of the expenses a court will consider when awarding special damages for an injury-causing event.Provide examples of the types of expenses that fall under this damage category,and indicate what a court will require from an innocent party in order to determine the amount of the award.Identify the legal principle that is applicable in some provincial jurisdictions and the types of costs that must be repaid to these provincial health insurers.

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Definitions:

Core Principle

A fundamental belief or guideline that serves as a foundation for a system of belief or behavior or for a chain of reasoning.

Determinable Amount

A specific or calculable amount often related to liabilities or costs that can be precisely identified or determined.

Income Statement

A financial report that displays a company's revenues, expenses, and profits or losses over a specific period of time.

Commissions

Fees paid to salespersons or agents for facilitating sales, based on the value or volume of those sales.