Question
In our society, a person can buy and sell almost anything. But as the chapter describes, you cannot sell personal injury claims. Should you be
In our society, a person can buy and sell almost anything. But as the chapter describes, you cannot sell personal injury claims. Should you be able to? Imagine that you are injured in a car wreck. You are told that you might eventually win $100,000 in a lawsuit, but that you might not receive payment for years, and you might also lose the case and recover nothing. If someone is willing to pay you $20,000 cash-on-the-barrelhead today for the rights to your claim, is it fair that public policy concerns prohibit you from taking the money?
Describe the public policy issue behind this law and whether the policy is correct or not
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started