Assume that, in the automobile example, both motorists experienced damages of $75,000, and that one motorist was 5 percent at fault, the other 95 percent at fault.Under the complete comparative negligence rule, the net compensation is:
A)$67,500
B)$71,250
C)$3,750
D)$75,000
E)$65,000

Question

Quizplus · Accepted Answer

Under the complete comparative negligence rule, each party's compensation is reduced by their percentage of fault. The motorist who is 5% at fault would receive 95% of their damages ($75,000 * 0.95 = $71,250) and pay 5% of the other motorist's damages ($75,000 * 0.05 = $3,750). The net compensation is $71,250 - $3,750 = $67,500.

Assume That, in the Automobile Example, Both Motorists Experienced Damages