The Most Common Type of Damages Sought by Plaintiffs Are

question 70

Multiple Choice

The most common type of damages sought by plaintiffs are called _____.

• A)punitive damages
• B)compensatory damages
• C)breach of contract
• D)pain and suffering

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Definitions:

Health Insurance Coverage

A form of insurance that covers the whole or part of the risk of a person incurring medical expenses.

Cafeteria-Style Plans

Flexible benefit plans allowing employees to choose from a variety of pre-tax benefits options to create a package tailored to their personal needs and preferences.

Flexible Spending Accounts

Tax-advantaged accounts that allow employees to save pre-tax dollars for eligible health care and dependent care expenses.

Defined-Benefit Plans

A type of pension plan where an employer promises a specified pension payment upon retirement, which is determined based on the employee’s earnings history, tenure of service, and age.