Punitive damages are those sought by a plaintiff who wants to hold the defendant accountable and deter future wrongdoers from acting in the same way.
<h3><u>How do punitive damages work?</u></h3>
In addition to compensatory damages, a defendant who is found guilty of a crime or wrong is also required to pay punitive damages. When compensatory damages, or the money paid to the injured party, are deemed to be insufficient, they are granted.
Punitive damages go above and beyond reimbursing the wronged party. They are intended specifically to punish defendants whose actions are deemed to be willful or grossly negligent. Since they are meant to serve as a warning to prevent repeat offenses, punitive damages are also known as exemplary damages.
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4 Major Instruments used for Making International Payments are Foreign Bills of Exchange; Bank Drafts; Telegraphic Transfer; Letter of Credit.
<u>Explanation:
</u>
To make payments in the foreign countries the instruments used are Foreign Bills of Exchange, Bank Drafts and Telegraphic Transfers and Letter of Credit. Each of these instruments mentioned as different methodologies in sending the money to the foreign banks.
Let us explain one by one; Foreign Bills of Exchange money drawn from country is payable at another country. Bank draft which is drawn on bank funds and payment assurance is made by the bank that issues it.
Telegraphic Transfer is an electronic method of fund transfer used mainly for overseas wire transactions. And final one is Letter of Credit is a letter given by the bank assuring that a buyer's payment to a seller will be received on time and for the correct amount.
Answer:
No
Explanation:
Moving is done by the job and how many things they move not usually based on labored time.
Answer:
true
Rural collisions are often fatal, primarily because the quiet roads and open spaces give drivers a false sense of safety. ... Drivers are more likely to be involved in a fatal collision on a rural road because There are fewer signs, signals, and traffic control devices. Roadways are often poorly lit.
Explanation:
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An appellate court is a court that hears cases on appeal from another court.
