Damage Adjustments Flashcards
1
Q
Pre Judgment Interest
A
Recoverable when damages are readily ascertainable and the rights to damages vests on a reasonably certain day.
2
Q
Post Judgment Interest
A
Post-judgment interest upon the amount of judgment at the legal rate of interest
3
Q
Present Value of Future Pecuniary Losses
A
The measure of a lump sum award for future pecuniary losses arising from a tort
4
Q
Avoidable Consequences
A
one injured by the tort of another is not entitled to recover damages for any harm that he could have avoided by the use of reasonable effort after the commission
5
Q
Effects of payments made to injured party
A
payments made by tortfeasor or friend are, payments made to injured by other sources are not.
