Answer: when the claim lacks any arguable basis either in law or in fact
Explanation:
When a lawsuit is filed by an attorney who know that the claim lacks precedent, factual support or any merit for the claim to succeed in court of law then such a lawsuit is termed as frivolous lawsuit.
Frivolous lawsuit basically has no factual or legal support and it is often filed by the attorneys, either to harass the defendants or to get media attention.
Example of a frivolous lawsuit:
In 2009, Lauren Rosenberg sued Go-ogle for more than $100,000. Basis of her lawsuit was that Go-ogle Maps advised her to walk along a freeway to get to her destination. Despite the directions being clearly wrong, she followed the directions precisely and was hit by a car. Court granted Go-ogle’s motion to dismiss the frivolous lawsuit. (Rosenberg v. Go-ogle Co.).
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One way of classifying law in Australia is by the ways in which it is made. There are two sources of law in Australia: common law and statute law.
Explain the difference between the way that laws are made in Australia through parliaments and through the courts.
which of these amounts is NOT a required minimum insurance for Colorado's Financial Responsibility Law?
a. $5,000 for parked vehicles
b. $15,000 Property damage
c. $50,000 for bodily injury to two or more persons in any one accident
d. $25,000 for bodily injury to one person in any one accident
Gary hires Hanna, an attorney, on a contingency fee to seek $100,000 in damages in a
personal injury suit against XYZ Corporation. If Gary wins. He must pay
O neither Hanna's fee nor court fees and other expenses.
O Hanna's fee only.
O Hanna's fee, court fees, and other expenses.
court fees and other expenses, but not Hanna's fee.
Answer:
Explanation: Gary hires Hanna, an attorney, on a contingency fee to seek $100,000 in damages in a
personal injury suit against XYZ Corporation. If Gary wins. He must pay
Hanna's fee, court fees, and other expenses.
Gary hires Hanna, an attorney, on a contingency fee to seek $100,000 in damages in a personal injury suit against XYZ Corporation. If Gary wins. He must pay Hanna's fee, court fees, and other expenses. Therefore option C is correct.
What are expenses?When an asset is utilized to produce income, its value decreases, which is referred to as a cost. Depreciation is a cost that is incurred over the course of an asset's useful life when it is expected to be utilized for an extended period of time. It is customary to charge an expense to expense as incurred if it is for something that will be consumed right away, like a salary.
An expense is often only recorded under cash basis accounting when a cash payment has been made to a supplier or an employee. When an asset's value decreases, an expenditure is recorded as previously mentioned under the accrual basis of accounting, regardless of any associated cash outflow.
If the cost of the asset purchase falls below the company's capitalization limit, it may be reported as an expenditure. The payment would have been recorded as an expense at a later time when the asset was used if the amount paid had exceeded the capitalization limit.
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What are two major options for paying for a new car?
Answer:
Explanation: You have two financing options: direct lending or dealership financing.
Direct lending means you're borrowing money from a bank, finance company, or credit union. ...
Dealership financing means you're applying for financing through the dealership. ...
Shop for the Best Financing Deal.