Which of the Following Is True Regarding Awards of Punitive

question 45

Multiple Choice

Which of the following is true regarding awards of punitive damages in the U.S.?

• A)Awards of punitive damages in the U.S.are very similar to awards of punitive damages under the Canadian judicial system.
• B)The Supreme Court ruled that the issue of punitive damages is for the jury and will not be disturbed on appeal,regardless of the ratio of punitive damages to compensatory damages.
• C)A ratio of punitive damages to compensatory damages greater than 9 to 1 violates due process.
• D)It is not always easy to predict what a court will do regarding punitive damages in any given case.
• E)Punitive damages may not be awarded in excess of $3 million dollars.

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Definitions:

Neo-Mercantilism

An economic strategy emphasizing national economic policies that restrict imports and promote domestic industries through tariffs, subsidies, and other protectionist measures.

Foreign Competition

The competition that domestic companies face from abroad, often referring to the goods and services offered by companies located in other countries.

Infant Industry Theory

An economic rationale for trade protectionism arguing that emerging domestic industries need protection from international competition until they become mature and competitive.

Protected

Safeguarded from harm or damage through legal, physical, or other means.