15. A $400,000 judgment was rendered against Allen Trucking Company as the result of bodily injury...
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15. A $400,000 judgment was rendered against Allen Trucking Company as the result of bodily injury the plaintiff sustained in a trucking accident. Colossal Casualty's motor carrier policy, which has a $500,000 liability limit, would cover the loss, but, rather than pay the plaintiff, Colossal appealed the judgment to a higher court. Five years later, a final judgment was rendered in which the original $400,000 judgment was sustained. Colossal should now pay the plaintiff oa. $400,000 plus accrued postjudgment interest. ob. $400,000 plus tax. Oc. $400,000. od. $1.2 million (treble damages). 15. A $400,000 judgment was rendered against Allen Trucking Company as the result of bodily injury the plaintiff sustained in a trucking accident. Colossal Casualty's motor carrier policy, which has a $500,000 liability limit, would cover the loss, but, rather than pay the plaintiff, Colossal appealed the judgment to a higher court. Five years later, a final judgment was rendered in which the original $400,000 judgment was sustained. Colossal should now pay the plaintiff oa. $400,000 plus accrued postjudgment interest. ob. $400,000 plus tax. Oc. $400,000. od. $1.2 million (treble damages).
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