As the result of a newspaper article, V claims his character was damaged beyond repair, he lost his job, and he incurred medical expense for psychiatric care. His lawsuit requested that the court award him the following amounts:$500,000 for personal injury due to slander; $30,000 in lost wages; and $5,000 for psychiatric care.

a. What are the consequences to V if he is awarded the $535,000?

b. V decides to accept an out-of-court settlement of $150,000. The newspaper and its insurer are willing to allocate the $150,000 in any manner that V requests. How should V have the amount allocated?