Author Question: Uniformity of opinions among damages experts in a damages claim is not to be expected for three ... (Read 90 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?

Amphetamine poisoning can cause intravascular coagulation, circulatory collapse, rhabdomyolysis, ischemic colitis, acute psychosis, hyperthermia, respiratory distress syndrome, and pericarditis.

Did you know?

The most common treatment options for addiction include psychotherapy, support groups, and individual counseling.

Did you know?

Asthma is the most common chronic childhood disease in the world. Most children who develop asthma have symptoms before they are 5 years old.

Did you know?

In 1864, the first barbiturate (barbituric acid) was synthesized.

Did you know?

Critical care patients are twice as likely to receive the wrong medication. Of these errors, 20% are life-threatening, and 42% require additional life-sustaining treatments.

For a complete list of videos, visit our video library