What is the difference between a settlement and a verdict?

A settlement and a verdict are two different outcomes of an accident law case in Oklahoma. A settlement means that the parties involved in the case, the plaintiff (the person who filed the case) and the defendant (the person being sued), come to an agreement outside of court and settle the case. The settlement can take the form of financial compensation, an apology, or some other kind of arrangement. Both parties must agree to it before it is finalized. A verdict, on the other hand, is the decision made by a judge or jury after a trial in a court of law. The judge or jury members must listen to all the evidence presented during the trial and decide who should win the case and what kind of compensation should be awarded. This decision is known as a verdict. In conclusion, a settlement is an agreement between the parties before the case goes to court, and a verdict is the decision of the judge or jury in court. Both a settlement and a verdict can lead to the plaintiff receiving compensation, but the method of reaching the agreement is different.

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