Question

Winning a court case an example of:
(1 Point)
(a) Profit
(b) Income
(c) Gain
(d) Revenue

Answer 1

Winning a court case is an example of c) Gain

• A gain is referred to as a profit resulting from the financial transactions or the incidents that are accompanied by a business.
• Some of the examples of a gain include, the sale of fixed assets or an appreciation in the value of an asset.
• Winning a court case is a gain as in this case both the parties, the lawyer and the client incur a benefit.