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You have won the lottery. There are two payment options for you. The first option is a lump sum payment of $10 million that you will receive immediately. The second option is an annual payment of $1 million for each of the next 12 years. Assume there is no inflation. How would you make a decision between the two options?
Enforcement of Judgments
The legal mechanisms used to enforce or compel compliance with the decisions made by courts in civil lawsuits.
Judgment Creditor
A person or entity awarded a monetary judgment against a debtor by a court, enabling them to pursue methods of collection.
Canadian Criminal Law
The body of law in Canada that relates to the punishment and prevention of crime.
Mediated Settlement
A resolution of a dispute facilitated by a neutral third-party mediator without the need for court intervention.
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