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Retained Earnings

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An award of money damages set by a jury in a lawsuit in which each juror states in writing his/her opinion of what the amount should be. then the amounts are totalled and divided by the number of jurors to reach a figure for the award. a quotient verdict is illegal and improper since it is based on guesses and not a rational discussion of the facts. such a judgment will be set aside on a motion for a new trial and a mistrial will be declared by the judge.

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