Question

Logistics Trucking Company operates a fleet of fuel trucks. When one of the trucks is positioned to receive a load of biofuel, it strikes a storage tank owned by Metro Biofuel, Inc. For the cost of repairing the damage to the tank, Metro is most likely to be awarded
a. punitive damages.b. compensatory damages.c. contingency fees.d. none of the choices.

Answer 1

Option B

For the cost of repairing the damage to the tank, Metro is most likely to be awarded compensatory damages.

Explanation:

Compensatory damages are funds granted to a plaintiff to recompense for losses, damage, or added provoked loss. To acquire compensatory damages, the plaintiff has to demonstrate that a loss transpired and that it was attributable to the appellant.

The plaintiff must also be suitable to quantify the value of loss in the sights of the judge. Actual damages are meant to contribute funds to simply restore what was lost. General compensatory damages granted are more complicated, as these compensatory damages do not factor a financial payment