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Sam Bernstein represents Lori Loughlin who is being sued by a group of UCLA college students for $10 million. Sam negotiates to have the lawsuit
Sam Bernstein represents Lori Loughlin who is being sued by a group of UCLA college students for $10 million. Sam negotiates to have the lawsuit dismissed in exchange for Lori paying $5 million. Which of the following is true?
Select one:
a.
This settlement discharges the balance of the debt; Lori only owes $5 million.
b.
This settlement releases Lori from the remaining $5 million claim; she only pays $5 million.
c.Both A and B are true.
d.
Neither A nor B are true. Lori still owes $10 million.
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