1 / 35

Fault allocation: =20%,  1 =10%,  2 =40%,  3 =30%

Fault allocation: =20%,  1 =10%,  2 =40%,  3 =30% ’s damages = $1,200,000  2 is missing or insolvent. Fault allocation: =20%,  1 =10%,  2 =40%,  3 =30% ’s damages = $1,200,000  2 is missing or insolvent.

miach
Download Presentation

Fault allocation: =20%,  1 =10%,  2 =40%,  3 =30%

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Fault allocation: =20%, 1=10%, 2=40%, 3=30% ’s damages = $1,200,000 2 is missing or insolvent

  2. Fault allocation: =20%, 1=10%, 2=40%, 3=30% ’s damages = $1,200,000 2 is missing or insolvent

  3. Fault allocation: =20%, 1=10%, 2=40%, 3=30% ’s damages = $1,200,000 2 is missing or insolvent

  4. Fault allocation: =20%, 1=10%, 2=40%, 3=30% ’s damages = $1,200,000 2 is missing or insolvent

  5. 1(10%) + 3(30%) =40% total remaining s’ fault

  6. 1(10%) + 3(30%) =40% total remaining s’ fault 1’s share of that total is 1/4=.25

  7. 1(10%) + 3(30%) =40% total remaining s’ fault 1’s share of that total is 1/4=.25 .25 • $480,000 = $120,000

  8. Fault allocation: =20%, 1=10%, 2=40%, 3=30% ’s damages = $1,200,000 2 is missing or insolvent

  9. Fault allocation: =20%, 1=10%, 2=40%, 3=30% ’s damages = $1,200,000 2 is missing or insolvent

  10. 1(10%) + 3(30%) =40% total remaining s’ fault

  11. 1(10%) + 3(30%) =40% total remaining s’ fault 3’s share of that total is 3/4=.75

  12. 1(10%) + 3(30%) =40% total remaining s’ fault 3’s share of that total is 3/4=.75 .75 • $480,000 = $360,000

  13. Fault allocation: =20%, 1=10%, 2=40%, 3=30% ’s damages = $1,200,000 2 is missing or insolvent

  14. Fault allocation: =20%, 1=10%, 2=40%, 3=30% ’s damages = $1,200,000 2 is missing or insolvent

  15. Fault allocation: =20%, 1=10%, 2=40%, 3=30% ’s damages = $1,200,000 2 is missing or insolvent

  16. Fault allocation: =20%, 1=10%, 2=40%, 3=30% ’s damages = $1,200,000 2 is missing or insolvent

  17. Fault allocation: =20%, 1=10%, 2=40%, 3=30% ’s damages = $1,200,000 2 is missing or insolvent

  18. Fault allocation: =20%, 1=10%, 2=40%, 3=30% ’s damages = $1,200,000 2 is missing or insolvent

  19. Fault allocation: =20%, 1=10%, 2=40%, 3=30% ’s damages = $1,200,000 2 is missing or insolvent

  20. Fault allocation: =20%, 1=10%, 2=40%, 3=30% ’s damages = $1,200,000 2 is missing or insolvent

  21. Fault allocation: =20%, 1=10%, 2=40%, 3=30% ’s damages = $1,200,000 2 is missing or insolvent

  22. 1(10%) + 3(30%) + (20%) = 60% total remaining parties’ fault

  23. 1(10%) + 3(30%) + (20%) = 60% total remaining parties’ fault 1’s share of that total is 10/60=1/6

  24. 1(10%) + 3(30%) + (20%) = 60% total remaining parties’ fault 1’s share of that total is 10/60=1/6 1/6 * $480,000 = $80,000

  25. Fault allocation: =20%, 1=10%, 2=40%, 3=30% ’s damages = $1,200,000 2 is missing or insolvent

  26. Fault allocation: =20%, 1=10%, 2=40%, 3=30% ’s damages = $1,200,000 2 is missing or insolvent

  27. 1(10%) + 3(30%) + (20%) = 60% total remaining parties’ fault

  28. 1(10%) + 3(30%) + (20%) = 60% total remaining parties’ fault 3’s share of that total is 30/60=1/2

  29. 1(10%) + 3(30%) + (20%) = 60% total remaining parties’ fault 3’s share of that total is 30/60= ½ ½ * $480,000 = $240,000

  30. Fault allocation: =20%, 1=10%, 2=40%, 3=30% ’s damages = $1,200,000 2 is missing or insolvent

  31. Fault allocation: =20%, 1=10%, 2=40%, 3=30% ’s damages = $1,200,000 2 is missing or insolvent

  32. 1(10%) + 3(30%) + (20%) = 60% total remaining parties’ fault

  33. 1(10%) + 3(30%) + (20%) = 60% total remaining parties’ fault ’s share of that total is 20/60=1/3

  34. 1(10%) + 3(30%) + (20%) = 60% total remaining parties’ fault • ’s share of that total is 20/60=1/3 1/3 * $480,000 = $160,000

  35. Fault allocation: =20%, 1=10%, 2=40%, 3=30% ’s damages = $1,200,000 2 is missing or insolvent

More Related