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Author Question: Uniformity of opinions among damages experts in a damages claim is not to be expected for three ... (Read 162 times)

melly21297

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on: Jul 6, 2018
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

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Reply #1 on: Jul 6, 2018
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


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melly21297

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Reply #2 on: Jul 6, 2018
Thank you


Ddddd

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Reply #3 on: Jul 6, 2018
No problemo


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