Contingency Law In A Sentence In King
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What Is a Contingency? A contingency is a potential occurrence of a negative event in the future, such as an economic recession, natural disaster, fraudulent activity, terrorist attack, or a pandemic.
Contingent means that an event may or may not occur in the future, depending on the fulfillment of some condition that is uncertain. This term is often used in contracts where the event will not take effect until the specified condition occurs.
A contingency is an event you can't be sure will happen or not. The noun contingency describes something that might or might not happen. We use it to describe an event or situation that is a possible outcome but one that's impossible to predict with certainty.
Contingency refers to an event that may or may not occur in the future. In other words, it depends on fulfillment of a condition, which is uncertain or incidental.
Contingent adj 1 : likely but not certain to happen compare executory. 2 : intended for use in circumstances not completely foreseen a fund 3 : dependent on or conditioned by something else a claim a legacy on the marriage compare vested.
The average contingency rate falls between 20-40%, with most lawyers charging around 33% to 35% of the total amount recovered in a case. The exact percentage can vary depending on the complexity of the case, the lawyer's experience, and the stage at which the case is resolved.
The group that makes up the largest contingent of voters in this area is the elderly. A contingent of reporters waited in front of the court for the defendant to appear. A British contingent was sent to assist the security forces.
For instance, a business might develop a contingency plan to maintain operations during an IT system failure by having data backups and alternative communication methods in place. Another example is creating an emergency response plan for unexpected events like power outages or staffing shortages.
Contingency refers to a plan of action taken as a response to such a situation. An example of a correctly used sentence is: “The success of the project depends on the contingent contingencies established.” It means that the project's outcome relies on the conditions put in place beforehand.
In logic, contingency is the feature of a statement making it neither necessary nor impossible. Contingency is a fundamental concept of modal logic. Modal logic concerns the manner, or mode, in which statements are true. Contingency is one of three basic modes alongside necessity and possibility.
