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ENCYCLOPEDIA

OF WORLD PROBLEMS

AND HUMAN POTENTIAL

  2. Global strategies
  3. Compensating for damages

Compensating for damages

  • Delineating damages
  • Offering adequate compensation for damages
  • Paying compensation
  • Providing sufficient compensation for damages

Implementation

A 66-year-old man who smoked a single brand of cigarettes for 44 years became the first peron to live long enough to receive compensation from a tobacco company for developing a smoking-related illness (lung cancer). He was awarded $750,000 by a Florida jury in the USA.

Broader

Providing compensation
Yet to rate
Issuing effective judicial remedy
Yet to rate

Narrower

Applying punitive damages
Yet to rate

Constrained by

Abstaining from claiming compensation for damages
Yet to rate

Facilitates

Increasing compensation expenses
Yet to rate

Facilitated by

Reducing delay in payment of compensation for damages
Yet to rate

Problem

Uncompensated damages
Unpresentable

Value

Overcompensation
Yet to rate
Damage
Yet to rate
Compensation
Yet to rate

Metadata

Database
Global strategies
Type
(E) Emanations of other strategies
Subject
  • Commerce » Currency
  • Commerce » Insurance
    • Content quality
    Yet to rate
     Yet to rate
    Language
    English
    1A4N
    V1141
    DOCID
    13211410
    D7NID
    218315
    Last update
    Dec 3, 2024
    Official link
    https://encyclopedia.uia.org/strategy/compensating-damages