In the Exxon Valdez Case,the Supreme Court

Multiple Choice

In the Exxon Valdez case,the Supreme Court:

A) refused to place a limit on punitive awards.
B) approved the jury's compensatory award, but reduced the punitive award from $5 billion to $507 million.
C) made a precedent-setting decision that will limit the ratio of punitive to compensatory damages in all types of cases to 9:1.
D) interpreted a state statute limiting punitive awards and found punitive damages should be no more than three times the award for compensatory damages.