When a Lawyer Charges a Client Only If the Case

question 14

Multiple Choice

When a lawyer charges a client only if the case is won, it is called a

• A) tort claim.
• B) civil fee.
• C) hypothetical bill.
• D) contingent fee.
• E) pro bono claim.

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Definitions:

Unbiased Estimator

An unbiased estimator is a statistical term for an estimate that is expected to be equal to the true parameter of the population.

Population Parameter

A numerical value that summarizes or describes an aspect of a population, such as its mean or standard deviation.

Expected Value

The weighted average of all possible values of a random variable, reflecting the central tendency of the variable's probability distribution.

Population Standard Deviation

Population Standard Deviation measures the dispersion or variability within a set of values for an entire population, indicating how much the individual data points differ from the mean.