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Author Question: Compensatory damages are meant to reimburse for: a. actual losses, economic in nature b. actual ... (Read 63 times)

JMatthes

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on: Jul 1, 2018
Compensatory damages are meant to reimburse for:
 a. actual losses, economic in nature
  b. actual losses, noneconomic in nature
  c. the wrongful behavior causing injury
  d. all of the above
  e. a and b only

Question 2

With moral hazard, fair insurance contracts are not viable because
 a. individuals' aversion to risk is reduced.
  b. insurance company's administrative costs are increased.
  c. individuals fear unscrupulous agents.
  d. probabilities of loss are increased over what is expected.


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raenoj

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Reply #1 on: Jul 1, 2018
Answer to Question 1

E

Answer to Question 2

d


JMatthes

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Reply 2 on: Jul 1, 2018
Thanks for the timely response, appreciate it

xiaomengxian

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Reply 3 on: Yesterday
Excellent

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