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Question: 1. Assume that discovery increases the optimism of plaintiffs and thus increases the value of their legal claims. Explain the consequences for the number of claims filed.
2. Trial procedures are formal and involve a lot of people, whereas discovery procedures are relatively informal and involve relatively few people. Consequently, discovering a fact before trial is cheaper than finding it during trial. Most trials, however, are averted through an out-of-court settlement. As a result, if the parties postpone finding a fact until trial, they may avoid the cost completely. To appreciate this trade-off between cost and certainty, consider a numerical problem. Let x denote the ratio of the cost of finding a fact during the trial and the cost of discovering the fact before trial. Assume that the probability of a settlement out of court equals .
3. How large must x be in order for the expected cost of finding the fact at trial to exceed the cost of discovering it before trial?
The assignment in Law deals with the topic "Legal Environment of Business". A case study about Mary, a newly joined employee who is working in the USA and Europe. She faces few issues at her work place in Europe and tries to talk to her manager who s..
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Examples of securities that are exempted from the registration provisions of the 1933 Act and involving misstatement of material facts in a prospectus.
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Company Law, Application of Law to Facts and Conclusion.
This assignment related to business law.
Answer all the questions under business law.
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Prepare a report and present an evaluation of the subsequent methodologies for software development in terms of cost, resources and time.
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Advise what tax consequences arise in respect of the payments.
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