1. Global strategies
  2. 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.

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Value

Overcompensation
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Damage
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Compensation
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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
    Last update
    Dec 3, 2024