Tort Damages In law, damages mean an award of money to be paid to a person as compensation for his or her loss or injury, Because the primary objective of tort law is to compensate victims, the primary type of damages is compensatory damages, designed to compensate the victim for all the harm caused by the person who committed the tort, often called the tortfeasor. There are three main types of damages available in tort cases: compensatory, nominal, and punitive. Compensatory damages are typically rewarded for pain and suffering, costs of repairing damaged property, medical expenses, and lost wages. Nominal damages are a small amount of money given to recognize that a defendant did indeed commit a tort in a case where the plaintiff suffered no compensable damages. Punitive damages are awarded both to punish conduct that is extremely outrageous and to deter similar activity by the defendant and others. Before completing this exercise, review the book sections in Chapter 8 discussing damages available in tort cases. Then complete the exercise and questions for this chapter. A. Minimal Amount
B. Conduct and Wealth
C. Meant to Discourage
D. Plaintiff Whole Again
E. Amount Lost by Plaintitt

1.Punitive Damages
2.Nominal Damages
3.Compensatory Damages

Onsider the following subscription behavior information from genie, a web site that provides tools for constructing a family tree (ancestor search). subscriptions cost $9.99 per month, but you are charged for the entire year at the time of purchase. there is a one-year minimum term when you sign up for the service. once purchased, subscriptions are set to renew automatically unless the subscriber cancels them. when a membership renews, it renews for a one-year term and again you are charged for the entire year. there are no variable costs associated with providing this service to an individual customer, but genie does engage in customer relationship activities that they believe will increase customer retention. these customer relationship activities cost genie about $10 per year per customer. based on a sample of 1000 customers that joined genie five years ago, near the time when the company was founded, they were able to determine how many of those customers remained subscribers in the second year, third year etc. based on this information, genie calculated the average annual retention rate to be 20%. genie uses an annual discount rate of 8%. a. last year, genie spent $10,000 placing advertisements on google. genie management believes that these advertisements were responsible for about 300 new subscribers. would you recommend to genie management that they purchase more google ads? b. suppose a newly-introduced loyalty program increases the number of customers that remained to 30%. does this new data change your answer to 9.a? c. do you have any hesitations or concerns about making recommendations to management based on your above estimate of customer lifetime value?

Kevin and jenny, who are both working full-time, have three children all under the age of ten. the two youngest children, who are three and five years old, attended eastside pre-school for a total cost of $3,000. ervin, who is nine, attended big kid daycare after school at a cost of $2,000. jenny has earned income of $15,000 and kevin earns $14,000. what amount of childcare expenses should be used to determine the child and dependent care credit?

Gamegirl inc., has the following transactions during august. august 6 sold 76 handheld game devices for $230 each to ds unlimited on account, terms 2/10, net 60. the cost of the 76 game devices sold, was $210 each. august 10 ds unlimited returned six game devices purchased on 6th august since they were defective. august 14 received full amount due from ds unlimited. required: prepare the transactions for gamegirl, inc., assuming the company uses a perpetual inventory syste