Question
Hello I need help for these questions, I don't understand, how I should calculate damage in this case. Thanks Jennifer Jones was earning $30,000 a
Hello
I need help for these questions, I don't understand, how I should calculate damage in this case.
Thanks
Jennifer Jones was earning $30,000 a year at her job, and the value of her fringe benefits the company provides was 30 percent of her wages. Her average work-related expenses (commuting, union dues, special clothing) average $4,200 per year. Jennifer indicated in her deposition testimony that absent the injury that occurred while at work, she planned to work until she was 65 years old. Jennifer also testified that she has been unable to perform about half of her household services since the accident.
Question 275.275. Based on the information above, it is clear that: (Points : 1)
Jennifer will never be able to work again.
Because of the differences of opinion about the seriousness of Jennifer's injuries, there is no way to arrive at a rational measure of damages in this case.
Lost household services should not be part of the damages calculation.
The most logical measure of Jennifer's retirement age would be found by using the the U.S. Department of Labor Bureau of Labor Statistics published tables on "Worklife Estimates."
Question 276.276. You have been hired as the expert witness for the plaintiff in this case. Assuming no mitigation of damages, compute the amount of damages for the first year. (Points : 1)
$30,000.
$39,000.
$34,800.
$43,200.
None of the answers above is correct.
Question 277.277. You have been hired as the expert witness for the plaintiff in this case. Because of the major differences in opinion about the level of injuries that Jennifer incurred on the job, you will probably need to: (Points : 1)
First make a determination about Jennifer's injury status so that you can proceed with your damage calculations.
Utilize the information about the severity of injuries provided by Jennifer's doctors and lawyers to calculate the damages in the case.
Make several different damages calculations to cover all of the possible injury scenarios that have been suggested by both sides in the case.
Refuse to take the case because of the uncertainties that relate to the seriousness of Jennifer's injuries.
Question 278.278. You have been hired as the expert witness for the defendant in this case. Assume that the expected growth in annual earnings and benefits exactly equals the impact of discounting the damage amounts to their present value. Also assume that a minimum wage job provides annual earnings of $14,000 and average benefits of 15 percent of wages. Compute the damage estimate for the defendant for the first six years of the damage period assuming that there is mitigation of damages. Your computed amount of damages is: (Points : 1)
$112,200.
$180,000.
$234,000.
$137,400.
None of the answers above is correct.
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started