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Discuss a swimming accident on one of its three cruise ships

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Reference no: EM131795835

Pacific Cruise Lines is a defendant in litigation involving a swimming accident on one of its three cruise ships.

Required:

1. The likelihood of a payment occurring is probable, and the estimated amount is $1.14 million.

2. The likelihood of a payment occurring is probable, and the amount is estimated to be in the range of $0.94 to $1.14 million.

3. The likelihood of a payment occurring is reasonably possible, and the estimated amount is $1.14 million.

4. The likelihood of a payment occurring is remote, while the estimated potential amount is $1.14 million.

Reference no: EM131795835

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