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To qualify for a commercial damage award, the injured party must proof all of the following except Proximate (direct) cause damage was caused by offenders
- To qualify for a commercial damage award, the injured party must proof all of the following except
- Proximate (direct) cause damage was caused by offenders direct actions
- Reasonable certainty reasonable certain that the injured party would have earned the claimed amount of damages
- Comparability able to compare the damages to similar damages incurred by the plaintiff
- Foreseeability prudent person could look into the future and see that the actions of the offender would damage the other party to the litigation
- In accordance with the Daubert theory, a judge ensures that an experts testimony is
- Relevant
- Reliable
- (a) and (b) only
- Foreseeable
- All the above
- Majority of the states use this approach. With .. approach, the computation of commercial damages include both money invested and other expenses such as increased costs (examples: interest expense, lost profits, and decreased value of the investment)
- Benefit-of-the-bargain
- Out-of-pocket
- Loss of profit
- None of the above
- Computation of the benefit-of-the-bargain approach for commercial damages requires at least five factors. Which of the following is not an acceptable factor
- A method,
- Damages period,
- Estimations
- Definition of profit,
- Growth rate,
- Discount rate
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