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Author Question: When compensatory damages are substantial, the United States Supreme Court ruled that punitive ... (Read 57 times)

jayhills49

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on: Jun 24, 2018
When compensatory damages are substantial, the United States Supreme Court ruled that punitive damages are allowable if the ratio of punitive damages to compensatory damages is:
 A) 1:1.
 B) 2:1.
 C) 3:1.
 D) 1:2.

Question 2

Several law firms in the Detroit area have met and agreed not to charge more than 200 for a simple will so that they can more effectively compete with the increasing number of legal clinics. The agreement for a price maximum is:
 A) not an antitrust violation because the public benefits from maximum prices.
 B) not an antitrust violation because it is a service and not a sale of goods.
 C) price fixing and an antitrust violation.
 D) None of the above


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welcom1000

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Reply #1 on: Jun 24, 2018
Answer to Question 1

A

Answer to Question 2

C


jayhills49

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Reply 2 on: Jun 24, 2018
Great answer, keep it coming :)

patma1981

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Reply 3 on: Yesterday
Excellent

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