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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 trial, losing $1,100,000 if found
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.
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Fundamentals of Law Office Management
Authors: Pamela Everett Nollkamper
5th edition
9781285687179, 1133280846, 1285687175, 978-1133280842
