Question: There are two basic types of damage awards available to a plaintiff who wins a tort claim: compensatory damages and punitive damages. Compensatory damages are

There are two basic types of damage awards available to a plaintiff who wins a tort claim: compensatory damages and punitive damages. Compensatory damages are intended to make the plaintiff whole, to pay them for the harm they have suffered. Punitive damages are all about punishing the defendant for their egregious behavior. In the case of State Farm v. Campbell, the Court announced that, under normal circumstances, it would be rare for a punitive damage award to be acceptable that was more than how many times the compensatory damage award?

1 times the compensatory damage award.

145 times the compensatory damage award.

9 times the compensatory damage award.

3 times the compensatory damage award.

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!

Q:

\f