Author Question: Uniformity of opinions among damages experts in a damages claim is not to be expected for three ... (Read 153 times)

melly21297

  • Hero Member
  • *****
  • Posts: 565
Uniformity of opinions among damages experts in a damages claim is not to be expected for three primary reasons. Briefly explain the reasons for inconsistencies in expert opinions.
 
  What will be an ideal response?

Question 2

Jett Co.'s gross profit, operating profit and net profit margins for 2015 are:
 
  a. 50.0, 32.5, 22.5 respectively.
  b. 29.2, 12.5, 10.0, respectively.
  c. 27.0, 11.0, 10.5, respectively.
  d. 21.5, 17.5, 12.0, respectively.



Ddddd

  • Sr. Member
  • ****
  • Posts: 334
Answer to Question 1

Uniformity of opinions among damages experts is not to be expected for three primary reasons:
 Economic damages calculations require the application of logic, which allows for multiple interpretations (there is more than one way to solve a problem).
 Damages are calculated for specific individuals or entities, with many unique attributes that may not be universally perceived or evaluated.
 A large component of economic damages is future damages, the calculation of which relies on projections of inherently uncertain future events.

Answer to Question 2

c



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question


 

Did you know?

Though methadone is often used to treat dependency on other opioids, the drug itself can be abused. Crushing or snorting methadone can achieve the opiate "rush" desired by addicts. Improper use such as these can lead to a dangerous dependency on methadone. This drug now accounts for nearly one-third of opioid-related deaths.

Did you know?

Though newer “smart” infusion pumps are increasingly becoming more sophisticated, they cannot prevent all programming and administration errors. Health care professionals that use smart infusion pumps must still practice the rights of medication administration and have other professionals double-check all high-risk infusions.

Did you know?

Malaria was not eliminated in the United States until 1951. The term eliminated means that no new cases arise in a country for 3 years.

Did you know?

Drugs are in development that may cure asthma and hay fever once and for all. They target leukotrienes, which are known to cause tightening of the air passages in the lungs and increase mucus productions in nasal passages.

Did you know?

There are 60,000 miles of blood vessels in every adult human.

For a complete list of videos, visit our video library