Essay
James ran a stop sign and smashed into Mary's automobile. Mary was seriously injured and sued James and his insurance company. She was awarded the following:
-$12,000 for lost income
-$60,000 for hospital costs
-$10,000 for therapy to overcome her fear of driving
-$100,000 for the loss of function in her right hand
-$50,000 punitive damages
Mary's actual hospital costs were $62,000 and her therapy cost $7,000. How much must Mary include in income?
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Mary must include the $12,000 ...View Answer
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Correct Answer:
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