Question

Choose the correct option.
OPTIONS
10%
Mehta & Company has been sued. While reviewing the details, claimed consequential
damages came out to be Rs. 50.00.000. Director wants the lawsuits to reach settlement
without going to the trial and therefore asks the Manager to consider various possible
costs of settlement. Following are 3 possible events:
1. Inexpensive settlement: less than Rs. 10,00.000
2. Moderate settlement: Rs. 10,00,000 to Rs. 20.00.00
3. Expensive settlement over Rs. 30,00.000
What is the probability that a lawsuit would reach the trial (e. would not settle)?
15%
12.5%
20%
+​

Answer 1

Answer:

B. Moderate settlement : Rs. 10,00,000 to Rs.20.00.00