It Is More Advantageous to Retain Your Own Lawyer Than

question 73

True/False

It is more advantageous to retain your own lawyer than to simply use duty counsel.

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Definitions:

Insurance Contract

An agreement between an insurer and an insured where the insurer agrees to compensate the insured for specific losses in exchange for premiums.

Insurer's Promise

The commitment by an insurance company to pay for losses or damages specified in an insurance policy.

Insurance Contract

A legally binding agreement between an insurer and the insured, outlining the terms for the insurer to compensate the insured for specific losses or damages.

Breach of Contract

Occurs when one party in a binding agreement fails to fulfill their obligations without a legitimate legal excuse.