Is a settlement offer binding in a construction accident case?

A settlement offer is a voluntary agreement between two parties to resolve a dispute without having to go to trial. In Washington, a settlement offer in a construction accident case can be either binding or non-binding. A binding settlement offer is one which is legally enforceable once accepted. This means that both the injured parties and the other party involved have to abide by the terms of the settlement. In the case of a construction accident, the injured parties would have to accept the settlement amount and the other party would have to provide the compensation as agreed. A non-binding settlement offer, on the other hand, is not legally enforceable and any party can walk away from the agreement at any time. This means that the injured parties can reject the settlement offer of the other party and pursue legal action. Both binding and non-binding settlement offers can be made. However, it is important to note that the laws surrounding construction accident cases in Washington are complex. As such, it is advisable to seek legal counsel in order to ensure that the settlement offer is in your best interests.

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Is a settlement offer binding in a construction accident case?

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