Examlex
Which of the following is NOT an implicit cost?
Settlement Agreement
A legal agreement that resolves a dispute between two parties without the need for a trial.
No-Action Agreement
An understanding or assurance from a regulatory authority indicating that no enforcement action will be taken, often despite potential violations.
Payoff
A final payment that settles a debt or an investment, or the bribe to secure someone's compliance or silence.
ADR
Alternative Dispute Resolution; methods for resolving disputes outside of court, including arbitration and mediation.
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