Which of the Following Is the Most Common Settlement Option

question 99

Multiple Choice

Which of the following is the most common settlement option?

• A)life income option.
• B)limited installment payment.
• C)lump-sum payment.
• D)variable installment payment.
• E)proceeds left with the company.

---

Definitions:

Liberal-Communitarian Approach

A theoretical framework that seeks to balance individual rights and freedoms with the needs and values of the community.

Milton Friedman

An influential American economist known for his strong belief in free-market capitalism and a minimal role for government in the economy.

Free Market Ethics

Moral principles or standards governing fair and competitive practices in a market economy without undue government intervention.

Duty To Rescue

A legal or moral obligation to provide assistance to a person in danger or distress, under certain circumstances.