To a Business That Has Become the Target of Litigation

question 7

True/False

To a business that has become the target of litigation, contingency fees can result in more litigation by improving accessibility to the legal system for claimants who might otherwise lack the resources to sue.

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Definitions:

Congressional Budget Office

A non-partisan federal agency within the legislative branch of the United States government that provides budget and economic information to Congress.

Natural Rate

Often refers to the natural rate of unemployment, which is the level of unemployment consistent with sustainable economic growth, considering factors like market imperfections.

Estimated

An approximate calculation or judgment of the value, number, quantity, or extent of something, based on available data.

Natural Rate

Typically refers to the natural rate of unemployment, which is the rate of unemployment expected when the economy is at full employment, without cyclical unemployment.