Both a Defendant and Plaintiff Believe There Is an 80

question 156

Multiple Choice

Both a defendant and plaintiff believe there is an 80 percent chance that the plaintiff will win $500,000 and a 20 percent chance that the plaintiff will lose and be awarded nothing (zero) . If the plaintiff's litigation cost is $150,000 and the defendant's litigation cost is $200,000, the plaintiff would be willing to accept any amount greater than _______to settle.

• A)$250,000
• B)$150,000
• C)$200,000
• D)$600,000

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Definitions:

Panic Attack

An abrupt onset of intense fear or discomfort, marked by physical and psychological symptoms like rapid heartbeat and feelings of unreality or detachment.

Hyperventilate

To breathe more rapidly and deeply than is necessary for normal levels of oxygen, which can result in dizziness, light-headedness, or fainting.

Anxiety

An emotion of stress and anxiety caused by an event whose result is not yet known.

Personality Disorder

A class of mental disorders characterized by enduring maladaptive patterns of behavior, cognition, and inner experience.