What are punitive damages? What are some lawsuit examples involving tort and breach of contract simultaneously? What are the compensatory damages and punitive damages? What is the purpose of punitive damages? What is punitive damages in insurance?
Frequently Asked Questions about What Does LD Mean In Construction QWhat are the common uses of LD in construction? A LD in construction commonly refers to “Load Distribution” or “Lumber Dry.” Load Distribution refers to the way weight is spread and supported within a structure, while Lumbe...
In insurance, a misrepresentation is a lie or concealment of facts that can void an insurance contract if the insurer discovers the misrepresentation. For example, if a homeowner installs a pool but tells their insurer that they do not have a pool, the insurer may be able to void the polic...
Does the legislative branch collect taxes? How long has the death penalty been used? What does deferred sentence mean in Oklahoma? Are compensatory damages for lost property taxable? What is the Federal Insurance Contributions Act? Which constitutional amendment bill is related to GST?
Sometimes adversarial justice prevails and sometimes it does not. For example, in the OJ Simpson case the adversary system worked in favor of the defendant OJ Simpson because his lawyers demonstrated a more superior presentation. It did not mean that because he was found not guilty that he was...
What Does Strict Contributory Negligence Mean? Simply put, if a plaintiff causes or contributes to the accident in which he or she was injured in even the slightest way they will be barred from recovering any damages. Washington, DC is one of only a handful of jurisdictions (including Maryland...
he or she gets a paycheck that covers work for a period of time. This paycheck is issued by the employer and usually has a gross and net amount. The gross amount is the rate of pay multiplied by the hours or units worked. After that, money is deducted for taxes, insurance and retirem...
Damages: A breach of contract may require the breaching party to pay damages to the non-breaching party. These damages could include compensatory damages to cover the actual losses suffered as a result of the breach, as well as potentially punitive or consequential damages. Legal costs: Pursuing...
Nuclear Verdict Insurance Considerations The insurance industry is no stranger to high-stakes claims. However, over the past several years, there has been a growing trend of high jury awards that surpass what should be a reasonable or rational amount. Because of extremely high awards, the cost ...
insurance companies had to pay millions of dollars when a client was judged to have engaged in a pattern of discriminatory practices, so they began to offer employment practices liability insurance as a separate product. This allows them to control their costs by charging more to insure higher-ri...