17.A plaintiff expects to win at trial with probability of 70%.Defendant thinks the probability that plaintiff will win is only 50%.Both agree that the damages to be awarded if plaintiff prevails will be $100,000.Plaintiff's costs of trial are $20,000.Defendant's costs are $25,000.

a.the parties have no hope of settling and this matter will be tried.

b.the settlement range is between $50,000 and $75,000.

c.the settlement range is between $50,000 and $100,000.

d.the settlement range is between $50,000 and $70,000.

18.The parties agree that damages are $10,000 and that the plaintiff has a 40% chance of prevailing at trial.Cost of trial for Plaintiff is $1,000.Cost of trial for defendant is $1,500.If the parties are operating under an "American Rule" of legal costs,

a.the settlement range is between $1,000 and $1,500.

b.the settlement range is right at $4,000.

c.the settlement range is between $3,000 and $5,500.

d.this matter is unlikely to settle.