A company decides to seek a compromise adjustment with a claimant in the event of a(n):
A) allowable claim.
B) partially allowable claim.
C) nonallowable claim.
D) illegal claim.

Question

Quizplus · Accepted Answer

A compromise adjustment is typically sought in the case of a partially allowable claim, where there is some merit to the claim, but it may not fully meet the criteria for an allowable claim. This allows both parties to reach a mutually acceptable resolution.

A Company Decides to Seek a Compromise Adjustment with a Claimant