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Should Lee accept the offer

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Problem - Lee was injured in an automobile accident caused by a negligent driver of a commercial vehicle. Lee threatened to file a lawsuit against the company for $100,000 in damages for his physical injury and $100,000 for punitive damages. The company's insurer would not pay punitive damages. As a result, the company advised Lee to revise his claim for $150,000 in physical damages and no punitive damages. Should Lee accept the offer?

Reference no: EM132665950

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