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Which Definition Most Accurately Describes a Conditional Fee Arrangement ('CFA')

Question 1

Multiple Choice

Which definition most accurately describes a conditional fee arrangement ('CFA') ?


A) A CFA enables a lawyer to share the risk of the litigation with the client by offering a number of variations of 'no win, limited, or no fee' arrangements.
B) A CFA enables clients to select the lawyer who offers them the best option to fund their action.
C) A CFA is available for all clients in litigation and offers more or less risk free litigation for them.
D) A CFA enables the solicitor and the client to enter into a business arrangement that ensures the best possible deal for both.

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