An outside party agrees to support a lawsuit to recover property in return for a share of what the…
Champerty is litigation support in return for an agreed share of the recovery. The agreed share distinguishes this bargain from gratuitous support for litigation.
Choose your answer
An outside party agrees to support a lawsuit to recover property in return for a share of what the claimant recovers. What is the specific name for this arrangement?
Answer and explanation
Correct answer B
Champerty is litigation support in return for an agreed share of the recovery.
The agreed share distinguishes this bargain from gratuitous support for litigation.
Option feedback
Option A
A wager is a stake on an uncertain event. The facts describe assistance in pursuing a claim in exchange for part of the recovery.
Option B
Champerty describes support for litigation in exchange for a share of its proceeds.
Option C
Gratuitous maintenance would involve support without a promised share of recovery.
Option D
No existing decree or assignment of rights under a decree is stated.
Practice for these exams
-
All India Bar Examination (AIBE)
Subject revision
See pack details on LawMint.net -
UGC NET Law
Subject revision
See pack details on LawMint.net -
IIT Kharagpur LL.M. Entrance
Subject revision
See pack details on LawMint.net -
CLAT PG
Subject revision for a passage-based exam
-
CUET PG Law (LL.M.)
Subject revision
-
AILET PG
Subject revision
-
Supreme Court Law Clerk and Research Associate
Subject revision
-
Bihar Judicial Services
Subject revision
-
Uttarakhand Judicial Services
Subject revision