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You have recently been asked to be a damages expert witness in a large Ponzi scheme. The lawyers have asked you to calculate actual damages,
You have recently been asked to be a damages expert witness in a large Ponzi scheme. The lawyers have asked you to calculate actual damages, what-if damages, and pre-judgment interest damages.
Which of these types of damages estimates what the plaintiffs could have done with the money if the fraud hadn't occurred?
a.Actual damages
b. What-if damages
c. None of these
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