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Business, 20.10.2019 21:00 sophiaa23

In a product liability case, a company can settle out of court for a loss of $350,000, or go to trial, losing $1,100,000 if found guilty and nothing if found not guilty. lawyers for the company estimate the probability of a not-guilty verdict to be 0.8. should the company settle out of court? . yes or no?

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In a product liability case, a company can settle out of court for a loss of $350,000, or go to tria...
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