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In a case filed in a superior court, Alpha Inc sued Beta Ltd for breach of contract.Alpha claimed damages of $250 000.Although Beta denied liability, it formally offered to settle the claim for $100 000.Alpha rejected that offer, but in response, it formally offered to settle its claim for $200 000.Beta rejected that offer.The case has now gone to trial.Explain what order the judge will likely make with respect to costs if (a) Beta is liable for $150 000, or (b) Beta is liable for $50 000?
Minimize Losses
Strategies or actions taken by individuals or firms to reduce the magnitude of financial or operational shortfalls.
Mortgage Payment
A regular payment made to a lender by a borrower, typically to pay back a home loan.
Monthly Rent
The periodic payment made by a tenant to a landlord for the use of a property or space.
Historical Costs
Refers to the original monetary value of an asset or transaction, without adjusting for inflation or changes in purchasing power over time.
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