A Judge Will Likely Rely on Expert Opinions from Occupation

question 18

True/False

A judge will likely rely on expert opinions from occupation experts,labour economists,and actuaries when determining the value of an injured plaintiff's diminished earning capacity.

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Definitions:

Tangible Capital

Physical assets owned by a person or company that are used in the production or supply of goods and services.

Intangible Capital

Nonmaterial things that contribute to the output of future goods and services.

Production

The method of producing goods and services by merging labor, land, and capital.

Capital Stock

The total amount of physical goods and financial assets that contribute to the production of goods and services in an economy.