Compensatory Damages Include What Kinds of Things

question 30

Multiple Choice

Compensatory damages include what kinds of things?

• A) money for pain and suffering
• B) lost wages for time spent recovering from a tort's injuries to plaintiff
• C) attorney's fees
• D) a and b only
• E) a, c, and c

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Definitions:

Marginal Cost

The financial outlay involved in producing an additional unit of a product or service.

Resources

The total means available for economic and political development, such as minerals, labor, and capital.

Pareto Optimal

A situation in economics where resources are allocated in the most efficient manner, making it impossible to reallocate without making at least one individual worse off.

Trades

The action of buying and selling goods and services, which can occur domestically within a country or internationally between countries.