Question

Malcolm was involved in an auto accident. He was judged to be 20 percent at fault in the accident, and the other party was judged to be 80 percent at fault. Malcolm's actual damages were $40,000. Under a pure comparative negligence rule, how much will Malcolm receive for his injuries?

Answer 1

Answer:

$32,000.00

Explanation:

Under a pure comparative negligence rule, an individual who is not only involved in an accident but with other party is eligible to be funded by the other party based on there percentage fault.

In the case of Malcom Accident;

Given that;

Malcom was judged 20% at fault for the accident = 0.2

The other party was judged 80% = 0.8

The cost of treatment for Malcolm's actual damages were $40,000

∴

Malcom share of the cost he is responsible to pay for his treatment = 0.2 × $40,000 = $8,000.00

The share of cost he is responsible to receive from the other party = 0.8 × $40,000 = $32,000.00

∴ Under a pure comparative negligence rule, much would Malcolm receive $32,000.00 for his injuries.