In Exxon Shipping Company V

question 2

Multiple Choice

In Exxon Shipping Company v.Baker,the case in the text,the U.S.Supreme Court decided that the jury's award of $2.5 billion in punitive damages coupled with $507.5 million in compensatory damages was:

• A)excessive as a matter of maritime common law.
• B)excessive because the jury did not have a rational basis for the awarded amount.
• C)appropriate because punitive damages are meant to punish.
• D)appropriate because the jury's method of calculating punitive damages was reasonable.

---

Definitions:

Psychological Contract Violations

Occur when an employee perceives that their employer has failed to fulfill one or more of the unwritten expectations in their psychological contract, leading to feelings of betrayal or injustice.

Orientation Programs

Training sessions designed to acclimate new employees to their roles, the company culture, and their coworkers effectively.

Stressful Work Situations

Work-related conditions that provoke stress, potentially leading to health issues or decreased performance.

Divestiture Tactic

A strategy involving the selling off or disposal of parts of a company or its assets.