Question: Assume that Dunn & King's letter did not include their assessment that the outcome is ...in this case, is more than remote but less than
Assume that Dunn & King's letter did not include their assessment that the outcome is "...in this case, is more than remote but less than likely" but instead one of the following statements was included. What action might be appropriate for each statement (consider each statement independently)?
(a) "We believe the plaintiff's case against the company is without merit."
(b) "We believe that a negative outcome for Murchison is most likely, but we are unable to assess the amount of damages that might be imposed."
(c) "This action involves unusual circumstances where there is no prior legal precedent. We think Physicians Software will have difficulty establishing liability for Murchison; however, if Physicians Software is successful, the settlement will be substantial."
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a While Dunn King did not use the word remote in their assessment in essence their conclusion is tha... View full answer
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