A Counterclaim Is

question 85

Multiple Choice

A counterclaim is

• A) when the plaintiff responds to the defendant's answer with a request to settle out of court.
• B) when a defendant asserts in the answer a reason why he or she should not be held liable for the plaintiff's injuries even if the facts, as alleged by the plaintiff, are true.
• C) like a reverse lawsuit in which the defendant asserts a claim against the plaintiff for injuries that the defendant suffered from the same incident.
• D) when a jury finds in favor of the defendant.

Comprehend the importance of best response strategies in determining Nash equilibria.

Understand the impact of digital technologies on the lawyer-client relationship.

Grasp the various billing methodologies used by lawyers and when they are applicable.

Identify appropriate sources and methods for selecting a business lawyer.

---

Definitions:

Interest Expense

The cost incurred by an entity for borrowing money, typically expressed as an annual rate applied to the borrowed principal.

Tax Rate

The percentage of income or value of a transaction that is paid to the government as tax.

Retention Ratio

A metric that shows the percentage of net income retained in the company rather than paid out as dividends to shareholders.

Debt-Equity Ratio

The quotient representing a company's use of debt over equity, obtained by dividing its liabilities total by shareholder equity.