What are the three basic steps for settling a case

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Questions:

1. What are the three basic steps for settling a case?

2. A covenant not to sue is a contract between two or more parties in which the plaintiff fully discharges all of the remaining parties from the action.

3. If a CCP §998 offer is refused and a judgment following trial is the same or less favorable to the refusing party than the pretrial offer of judgment, the refusing party becomes responsible for the offering party's "costs" incurred for the entire length of the lawsuit.

4. A structured settlement is a settlement under which the plaintiff receives periodic payments rather than one lump sum. (true or false)

5.Contribution allows one party who has paid for a liability to recover completely from another party, while indemnification is a theory for apportioning liability among joint tortfeasors, so that the paying party may receive a proportionate sum from the other nonpaying joint tortfeasors.

 

Reference no: EM133436609

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