Punitive Damage Awards Received Because of a Personal Injury

question 121

Multiple Choice

Punitive damage awards received because of a personal injury

• A)Are the same as loss-of-income damages.
• B)Are included in gross income regardless of the cause.
• C)Will be excluded from gross income if the award resulted from a physical personal injury.
• D)Will be excluded from gross income because punitive awards are meant to punish the offender for gross negligence.
• E)Are never taxable.

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Definitions:

Panda Principle

A concept referring to the evolutionary principle that organisms adapt through a series of compromises and trade-offs, rather than through the development of optimal features.

Sensory Systems

Complex networks of organs and structures that allow organisms to perceive and respond to their surroundings, including sight, sound, touch, taste, and smell.

Nuptial Gift

A resource provided by one member of a species (often the male) to a mating partner (often the female) as part of courtship or copulation, which can range from food to items that enhance the recipient's survival or reproductive success.

Sensory Exploitation

A theory suggesting that certain mating preferences arise because they exploit pre-existing sensory biases or preferences in the opposite sex.