Which is the most desirable form of a lump-sum settlement?

ENGR.ECONOMIC ANALYSIS
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ISBN:9780190931919
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Chapter1: Making Economics Decisions
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Which is the most desirable form of a lump-sum settlement?

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A lump sum settlement implies that the person who claims will receive the whole amount in a single payment. Besides having various payout options, ranging from minor to moderate personal injury cases, settles with lump sum payments. The recipient will get the whole amount of settlement what he or she pleases. He or she may have the full amount of taxes on the settlement, say for replacement of lost wage or some serious damages.

The most desirable form of a lump – sum settlement is Agreement.

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