Malcolm Was Involved in an Auto Accident

question 24

Multiple Choice

Malcolm was involved in an auto accident.He was judged to be 20 percent at fault in the accident,and the other party was judged to be 80 percent at fault.Malcolm's actual damages were $40,000.Under a pure comparative negligence rule,how much will Malcolm receive for his injuries?

• A)$8,000
• B)$24,000
• C)$32,000
• D)$40,000

---

Definitions:

Contract Multiplier

A factor used in options and futures contracts to determine the total value of the contract.

S&P 500 Contracts

These are futures contracts that track the S&P 500 index, allowing investors to speculate on or hedge against future changes in the index.

Risk-Free Rate

The theoretical return on an investment with no risk of financial loss, often represented by the yield on government bonds.

Portfolio Expected Worth

The projected value of a portfolio, considering the potential returns of the investments within it over a specific timeframe.