Author Question: Uniformity of opinions among damages experts in a damages claim is not to be expected for three ... (Read 123 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?

Asthma-like symptoms were first recorded about 3,500 years ago in Egypt. The first manuscript specifically written about asthma was in the year 1190, describing a condition characterized by sudden breathlessness. The treatments listed in this manuscript include chicken soup, herbs, and sexual abstinence.

Did you know?

Though Candida and Aspergillus species are the most common fungal pathogens causing invasive fungal disease in the immunocompromised, infections due to previously uncommon hyaline and dematiaceous filamentous fungi are occurring more often today. Rare fungal infections, once accurately diagnosed, may require surgical debridement, immunotherapy, and newer antifungals used singly or in combination with older antifungals, on a case-by-case basis.

Did you know?

Today, nearly 8 out of 10 pregnant women living with HIV (about 1.1 million), receive antiretrovirals.

Did you know?

Excessive alcohol use costs the country approximately $235 billion every year.

Did you know?

Asthma cases in Americans are about 75% higher today than they were in 1980.

For a complete list of videos, visit our video library