A Company That Engages in Unethical Behavior May Suffer Severe

question 19

True/False

A company that engages in unethical behavior may suffer severe consequences.

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Definitions:

Contingency Fee

A fee paid to a lawyer that is based on a percentage of the sum recovered by the client.

Contingency Fee Agreements

Contracts between lawyers and their clients where fees are only owed if the lawsuit is won, typically as a percentage of the recovery.

Retainer Agreements

Contracts between a client and a service provider, especially in legal and consulting practices, where the client pays an upfront amount for professional services.

Legal Fees

The charges that lawyers or law firms make for their services, which can include hourly rates, flat fees, or contingent fees based on the outcome of a case.