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Firm A is suing Firm B for $500,000. The court costs for Firm A are $75,000, while the court costs for Firm B are $100,000.
Firm A is suing Firm B for $500,000. The court costs for Firm A are $75,000, while the court costs for Firm B are $100,000. a. The two firms agree that there is a 50 percent chance of a win for Firm A. What is the range of mutually beneficial agreements that the parties might negotiate in an out-of-court settlement? b. What would happen if each firm thinks it has a 60 percent chance of winning
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