Match the term with its definition.
-Economic or noneconomic damages intended to make the claimant whole by compensating the claimant for any injuries or loss arising from the negligent action
A)all-risk approach
B)business risk
C)compensatory damages
D)Economic damages
E)health maintenance organization (HMO)
F)market risk
G)named-peril approach
H)peril
I)preferred provider organization (PPO)
J)pure risk

Question

Quizplus · Accepted Answer

Compensatory damages are intended to compensate the claimant for any injuries or loss arising from the negligent action, and may include economic or non-economic damages.

Answer: D
 Economic damages are a type of compensatory damages that compensate the claimant for out-of-pocket expenses, such as medical bills or lost wages.

Match the Term with Its Definition