Under What Circumstances Are Punitive Damages Awarded

question 36

Multiple Choice

Under what circumstances are punitive damages awarded?

• A)Only to punish the offender.
• B)To punish the offender and to deter others from committing similar offenses.
• C)To punish the offender,to deter others from committing similar offenses,and to reimburse a plaintiff for his or her losses.
• D)Only to reimburse a plaintiff for his or her losses.
• E)Only to deter others from committing similar offenses.

---

Definitions:

Closing Costs

Closing costs are fees and expenses paid during the closure of a real estate transaction, including attorney fees, commissions, and taxes.

Straight-line Depreciation

A technique of distributing the expense of a physical asset uniformly over its operational lifespan.

Accelerated Depreciation

A method of depreciation in which an asset loses book value at a faster rate than the traditional straight-line method over its useful life.

Useful Life

The expected time period over which an asset is useful to the owner.