Question: Which of the following statements about damages related to personal physical injuries is FALSE?...
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Accounting
Question: Which of the following statements about damages related to personal physical injuries is FALSE?
- Mitigation does not apply to parties with personal physical injuries.
- Damages are not taxable.
- Lost wages should be measured from after-tax wages, rather than gross wages.
- Future lost wages should be discounted using a rate of return on a safe investment.
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