To Reduce a Plaintiff's Tax Burden and to Relieve the Plaintiff

question 34

Short Answer

To reduce a plaintiff's tax burden and to relieve the plaintiff of the responsibility of investing his or her award, a defendant may suggest that the plaintiff's future damages be awarded using a .

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Definitions:

Current Account

A component of a country's balance of payments that measures the trade of goods and services, along with earnings on foreign investments minus payments made to foreign investors.

International Monetary Reserves

Assets held by a country's central bank to back its national currency and provide financial and economic stability.

Remittances

Payments by immigrants to family members and others located in the immigrants’ home countries.

Exchange Rate

A measure representing how much one currency can be exchanged for another, impacting international trade and finance.