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Financial compensation refers to the act of providing a person with money or other things of economic value in exchange for their goods, labor, or to provide for the costs of injuries that they have incurred. The aim of financial compensation is the preservation of relationships between those engaged in economic exchange.
Pain and suffering is the legal term for the physical and emotional stress caused from an injury [1] (see also pain and suffering).. Some damages that might come under this category would be: aches, temporary and permanent limitations on activity, potential shortening of life, depression or scarring.
When a personal injury claim is settled either in court or out of court, the most common way the compensation payment is made is by a lump sum award in full and final settlement of the claim. Once accepted there can be no further award for compensation at a later time unless the claim is settled by provisional damages often found in industrial ...
Google is starting a payout for similar violations in its “Face Grouping” option — offering settlements of $200 to $400. Deadlines to file both of those claims have passed, but more may yet ...
The typical structured settlement arises and is structured as follows: An injured party (the claimant) comes to a negotiated settlement of a tort suit with the defendant (or its insurance carrier) pursuant to a settlement agreement that provides as consideration, in exchange for the claimant's securing the dismissal of the lawsuit, an agreement by the defendant (or, more commonly, its insurer ...
Portion of the Bayway Refinery as seen from the New Jersey Turnpike in 1973. The Exxon Mobil–New Jersey Environmental Pollution Settlement was a 2015 legal settlement between ExxonMobil and the New Jersey Department of Environmental Protection, over contaminated sites at oil refinery plants and other facilities at Bayway Refinery in Linden and Bayonne Refinery in Bayonne, New Jersey dating ...
One of our most popular items of 2024, AOL readers have purchased thousands of these $10 surge protectors — here's why AOL This 'Hallmark movie coat' is perfect for winter — and it's over $40 off
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