Which of the following statements best defines economic damages ...

[jCorn1234]

Which of the following statements best defines economic damages in civil litigation?
 
  A) It refers to the economic loss suffered by businesses as a result of lack of knowledge or ignorance of law.
  B) It refers to the intentional nonperformance of duties which results in economic losses to the claimant.
  C) It refers to the monetary compensation that is awarded in civil litigation against losses.
  D) It refers to the economic loss suffered by businesses as a result of the negligence of a defendant.

Question 2

_________income is the change in equity of a company during a period from transactions, other events, and circumstances relating to nonowner sources.
 
  Fill in the blanks with correct word

[amit]

Answer to Question 1

C
Explanation: C) Economic damages are the monetary compensation that is awarded in civil litigation.

Answer to Question 2

Comprehensive

[jCorn1234]

Thanks for the timely response, appreciate it

[amandanbreshears]

Gracias!