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Mary Decker is suing the manufacturer of her car because of a defect that she believes caused her to have an accident, and kept her out of work for a year. She is suing the com- pany for $3.5 million. The company has offered her a set- tlement of $700,000, of which Mary would receive $600,000 after attorneys’ fees. Her attorney has advised her that she has a 50% chance of winning her case. If she loses she will incur attorneys’ fees and court costs of $75,000. If she wins she is not guaranteed her full re- quested settlement. Her attorney believes that there is a 50% chance she could receive the full settlement, in which case Mary would get $2 million after her attorney takes his cut, and a 50% chance that the jury will award her a lesser amount of $1,000,000, of which Mary would get $500,000. Using decision-tree analysis, decide if Mary should sue the manufacturer.
Find the max amount the firm would be willing to pay for the new equipment for the replacement to be worthwhile.
Show list three benefits of distance learning programs. Explain how they are beneficial to the organizations allowing their employees to partake in them.
Define real and nominal GDP. Which form of GDP (real or nominal) do you believe should be utilized when assessing the performance of the US economy over time? Why?
Why do people fall into ethical lapses, even unwittingly, and what lessons can someone learn from that?
In the back and forth of an organizing effort, proponents of the unionization effort may cite the need for a seniority system as a way to ensure fairness in situations of layoff and promotion. What factors shape your point of view
Consumers and public interest groups are scrutinizing--and sometimes criticizing--the privacy policies of firms and raising concerns about potential theft of online credit card information or other potentially sensitive or confidential financial i..
What impact has Thomas Newcomen had on the inventions mentioned during last week's discussions, when we made our list?
a. How can graphically be determined the level of output that minimizes average variable cost? No need to draw a graph for the answer.
The employees were not so much knowledgeable about the activities and the products i dealt with because they had no better skills about them.This led to a drop in the amount of production and the level of output generally.
corporate finance - asymmetric information and agency cost theoriesare asymmetric information and agency cost theories
During the recession, the federal government implemented a temporary expansion of government purchases in an effort to help stimulate the economy. Suppose that current taxes remained unchanged.
Using what you have learned about the business applications of wireless networks and the benefits of the mobility that it allows, develop a completely mobile and wireless class for the future. Take into consideration the following:
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