Business, 01.03.2021 19:10 daijafoster0

1. A manufacturer delivers a new tractor to Farmer Ted on the first day of the harvest season. But the tractor will not start. It takes two weeks for the right
parts to be delivered and installed. The repair bill comes to $1,000. During
the two weeks, some acres of Farmer Ted's crops die. He argues
in court that
his lost profit on those acres is $60,000. The jury awards the full $1,000 for the
tractor repairs, and $60,000 for the lost crops. Identify the two types of awards.
Is it fair that Farmer Ted received 60 times the value of the repair bill for his
lost crops?

Answers: 2

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1. A manufacturer delivers a new tractor to Farmer Ted on the first day of the harvest season. But...