You are serving on a jury which began in January 2020. A plaintiff is suing the...

You are serving on a jury which began in January 2020. A plaintiff is suing the city for injuries sustained after falling down an uncovered manhole in 2018. In the trial, doctors testified that it will be 5 years before the plaintiff is able to return to work. The jury has already decided in favor of the plaintiff. You and your co-jurors propose that the plaintiff receives the following judgement:

1-) 2 years of back pay ($54,000 in 12/2018, $62,000 in 12/2019). Assume that it is January 1 2020 and that all salary is received at year end.

2-) 5 years of future salary (2020-2024). Assume that the plaintiff’s salary would increase at a rate of 3.5 percent per year.

3-) $100,000 for pain and suffering

4- ) $20,000 for court costs. What is the size of the settlement if current interest rate is 7 percent?

Expert Solution

jeff jeffy answered 1 year ago

You are serving on a jury. A plaintiff is suing the city forinjuries sustained after...

You are serving on a jury. A plaintiff is suing the city for injuries sustained after a freak street-sweeper accident. In the trial, doctors testified that it will be five years before the plaintiff is able to return to work. The jury has already decided in favor of the plaintiff. You are the foreperson of the jury and propose that the jury give the plaintiff an award to cover the following: (a) The present value of two years’ back pay....

You are serving on a jury. A plaintiff is suing the city for injuries sustained after...

You are serving on a jury. A plaintiff is suing the city for injuries sustained after a freak street sweeper accident. In the trial, doctors testified that it will be five years before the plaintiff is able to return to work. The jury has already decided in favor of the plaintiff. You are the foreperson of the jury and propose that the jury give the plaintiff an award to cover the following: (1) The present value of two years’ back...

You are serving on a jury. A plaintiff is suing the city for injuries sustained after...

You are serving on a jury. A plaintiff is suing the city for injuries sustained after a freak street-sweeper accident. In the trial, doctors testified that it will be five years before the plaintiff is able to return to work. The jury has already decided in favor of the plaintiff. You are the foreperson of the jury and propose that the jury give the plaintiff an award to cover the following: (a) The present value of two years’ back pay....

You are serving on a jury. A plaintiff is suing the city for injuries sustained after...

You are serving on a jury. A plaintiff is suing the city for injuries sustained after falling down an uncovered manhole. In the trial, doctors testified that it will be 5 years before the plaintiff is able to return to work. The jury has already decided in favor of the plaintiff. You are the foreman of the jury and propose that the jury gives the plaintiff an award to cover the following items: (1) The present value of two years...

You are serving on a jury. A plaintiff is suing the city for injuries sustained after...

You are serving on a jury. A plaintiff is suing the city for injuries sustained after a freak street sweeper accident. In the trial, doctors testified that it will be five years before the plaintiff is able to return to work. The jury has already decided in favor of the plaintiff. You are the foreperson of the jury and propose that the jury give the plaintiff an award to cover the following: (a) The present value of two years’ back...

You are serving on a jury. A plaintiff is suing the city for injuries sustained after...

You are serving on a jury. A plaintiff is suing the city for injuries sustained after a freak street-sweeper accident. In the trial, doctors testified that it will be five years before the plaintiff is able to return to work. The jury has already decided in favor of the plaintiff. You are the foreperson of the jury and propose that the jury give the plaintiff an award to cover the following: (a) The present value of two years’ back pay....

You are serving on a jury. A plaintiff is suing the city for injuries sustained after...

You are serving on a jury. A plaintiff is suing the city for injuries sustained after a freak street sweeper accident. In the trial, doctors testified that it will be five years before the plaintiff is able to return to work. The jury has already decided in favor of the plaintiff. You are the foreperson of the jury and propose that the jury give the plaintiff an award to cover the following: (a) The present value of two years’ back...

You are serving on a jury. A plaintiff is suing the city for injuries sustained after...

You are serving on a jury. A plaintiff is suing the city for injuries sustained after a freak street sweeper accident. In the trial, doctors testified that it will be five years before the plaintiff is able to return to work. The jury has already decided in favor of the plaintiff. You are the foreperson of the jury and propose that the jury give the plaintiff an award to cover the following: (a) The present value of two years’ back...

You are serving on a jury. A plaintiff is suing the city for injuries sustained after...

You are serving on a jury. A plaintiff is suing the city for injuries sustained after a freak street sweeper accident. In the trial, doctors testified that it will be five years before the plaintiff is able to return to work. The jury has already decided in favor of the plaintiff. You are the foreperson of the jury and propose that the jury give the plaintiff an award to cover the following: (a) The present value of two years’ back...

You are serving on a jury. A plaintiff is suing the city for injuries sustained after...

You are serving on a jury. A plaintiff is suing the city for injuries sustained after a freak street-sweeper accident. In the trial, doctors testified that it will be five years before the plaintiff is able to return to work. The jury has already decided in favor of the plaintiff. You are the foreperson of the jury and propose that the jury give the plaintiff an award to cover the following: (a) The present value of two years’ back pay....

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You are serving on a jury which began in January 2020. A plaintiff is suing the...

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