subject
Business, 08.10.2019 16:10 mykalwashington

Mary decker is suing the manufacturer of her car because of a defect that she believes caused her to have an accident, and kept her out of work for a year. she is suing the company for $3.5 million. the company has offered her a settlement of $700,000, of which mary would receive $600,000 after attorneys’ fees. her attorney has advised her that she has a 70% chance of winning her case. if she loses she will incur attorneys’ fees and court costs of $75,000. if she wins she is not guaranteed her full requested settlement. her attorney believes that there is a 40% chance she could receive the full settlement, in which case mary would get $2 million after her attorney takes his cut, and a 60% chance that the jury will award her a lesser amount of $1,000,000, of which mary would get $500,000. using a decision-tree analysis, decide if mary should sue the manufacturer.

ansver
Answers: 2

Another question on Business

question
Business, 22.06.2019 17:30
Danielle enjoys working as a certified public accountant (cpa) and assisting small businesses and individuals with managing their finances and taxes. which general area of accounting is her specialty? danielle specialized in
Answers: 1
question
Business, 22.06.2019 18:30
Which of these is an example of innovation?
Answers: 2
question
Business, 22.06.2019 21:20
Which of the following best describes vertical integration? a. produce goods or services previously purchasedb. develop the ability to produce products that complement the original productc. develop the ability to produce the specified good more efficiently than befored. build long term partnerships with a few supplierse. sell products to a supplier or a distributor
Answers: 2
question
Business, 22.06.2019 21:50
Which of the following best describes the economic effect that results from the government having a budget surplus? a. consumers save more and spend less, enabling long-term financial planning. b. overall demand decreases, reducing the incentive for producers to increase production. c. banks have more deposits, enabling them to make more loans to investors. d. government spending increases, increasing competition for goods and services and driving prices up.
Answers: 3
You know the right answer?
Mary decker is suing the manufacturer of her car because of a defect that she believes caused her to...
Questions
question
Computers and Technology, 30.12.2021 21:30