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WITCHER [35]
3 years ago
14

The single recovery principle requires a court to settle a matter once and for all by awarding a lump sum for past and future ex

penses.
a. True
b. False
Business
2 answers:
GrogVix [38]3 years ago
6 0

Answer: True

Explanation: Under the single recovery principle if the plaintiff, that is, the person bringing up the case to the court, proves that he or she is eligible for any recovery for a particular harm then that recovery should be made and settled in once and for all by getting a lump sum amount from the payer.

Under this rule the plaintiff can not claim reward for same injury from two different entities.

Cloud [144]3 years ago
5 0

True

<h2>Further Explanation </h2>

Single recovery rule could be a principle that a plaintiff is entitled to only 1 recovery for specific harm. If the jury has awarded quite one remedy the plaintiff should elect one remedy. It permitted defendants credit for amounts paid in settlement by other defendants to forestall a plaintiff's excess recovery. This rule one in every one of the foundations of a defendant's right to possess a jury verdict reduced by the number of any settlements the plaintiff has received from other entities for the identical injury.

Under the only recovery principle if the plaintiff, that is, the person remarking the case to the court, proves that he or she is eligible for any recovery for selected harm then that recovery should be made and settled in once and for all by getting a payment amount from the payer. Under this rule, the plaintiff can't claim the reward for the same injury from two different entities.

The single recovery principle is additionally referred to as the one-satisfaction rule. it's a rule that states that a plaintiff is just entitled to recover money just once for harm or injury. They can't initiate a second lawsuit over the identical incident.

Learn More

Single Recovery Principle  brainly.com/question/13013434

Lawsuit  brainly.com/question/12368973

Details

Grade: High School

Subject: Business

Keyword: principle, lawsuit, recovery

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Answer:

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8 0
3 years ago
When making a location decision at the country​ level, which of these would be​ considered?
Alex787 [66]
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3 years ago
“All cheques are bills but all bills are not cheque” –Explain
aleksklad [387]

All cheques are bills but all bills are not cheque.

This is correct statement because both cheque and bill are piece of paper which displays money which is to be paid to someone.

A bill is a document which is drawn on any person and there is no name on the bill whereas cheque is a document which is drawn on the payee name only.

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Learn more at brainly.com/question/24469524

7 0
2 years ago
Identify whether or not each of the following scenarios describes a competitive market, along with the correct explanation of wh
Marysya12 [62]
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3 0
3 years ago
Calculate the net debt of the company based on the information below:
galina1969 [7]

Answer:

$28,300

Explanation:

Calculation to determine the net debt

Using this formula

Net debt=(Short-term interest bearing debt +

Long-term interest bearing debt+Non-interest bearing liabilities)-Cash and equivalents

Let plug in the formula

Net debt=($ 3,000 +$25,000+$ 1,500)-$ 1,200

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Therefore Net debt is $28,300

6 0
3 years ago
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