Both a Defendant and Plaintiff Believe There Is a 30

question 77

Multiple Choice

Both a defendant and plaintiff believe there is a 30 percent chance that the plaintiff will win $150,000 and a 70 percent chance that the plaintiff will lose and be awarded nothing (zero) . If the plaintiff's litigation cost is $30,000 and the defendant's litigation cost is $40,000, the defendant would be willing to pay any amount up to _______to settle and the plaintiff would be willing to accept any amount greater than_______ _ to settle.

• A)$15,000; $85,000
• B)$85,000; $15,000
• C)$20,000; $80,000
• D)$80,000; $20,000

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Definitions:

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An individual, often a philosopher or sociologist, who develops ideas and theories about society, its structures, and dynamics.