In 2014,Theresa Was in an Automobile Accident and Suffered Physical

question 31

True/False

In 2014,Theresa was in an automobile accident and suffered physical injuries.The accident was caused by Ramon's negligence.In 2015,Theresa collected from his insurance company.She received $15,000 for loss of income,$10,000 for pain and suffering,$50,000 for punitive damages,and $6,000 for medical expenses which she had deducted on her 2014 tax return (the amount in excess of 10% of adjusted gross income).As a result of the above,Theresa's 2015 gross income is increased by $56,000.

Learn the significance and techniques of active listening in negotiations.

Understand the utility of role reversal and symbolic analogies in understanding opposing views.

Grasp the importance of managing single-issue conflicts and their potential for resolutions.

Understand various strategies to make options more desirable and the concept of fractionalizing conflicts.

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Definitions:

U.S. Equity

Shares that represent ownership in U.S.-based companies and can be traded on American stock exchanges.

Long Term Investments

Assets or securities that an investor holds with the intention to retain for a period of several years or longer.

Life Insurance Companies

Financial institutions that provide coverage that pays out a sum of money either on the death of the insured person or after a set period.

Investment Horizon

The length of time an investor plans to hold a particular investment.