The Median Verdict in Automobile Tort Cases Is Around

question 18

Multiple Choice

The median verdict in automobile tort cases is around:

• A)$15,000
• B)$25,000
• C)$55,000
• D)Over $100,000

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Definitions:

Appliances

Electrical or mechanical machines that perform domestic functions, such as refrigerators or washing machines.

Net Proceeds

The final amount of money received from a transaction after deducting all associated costs and expenses.

Commission

A fee paid to an agent or employee for transacting a piece of business or performing a service, typically a percentage of the sales or services sold.

Consignment

The process of providing goods to a third-party retailer who pays the supplier only for the merchandise sold, not for unsold inventory.