Dear Tutor,
What is the correct answer to this question please?
A company is in a legal dispute with a supplier. The supplier is making a claim for losses suffered as a result of an alleged breach of contract by the company. The supplier is claiming $750,000. The company has denied any liability but has offered $100,000 as an out-of-court settlement. The company's lawyers have advised that if the case goes to court, the most likely outcome is that the company will lose the case and will be required to pay $400,000 in compensation to the supplier.
What amount should be provided in respect of the claim by the supplier?
A. Nothing
B. 100,000
C. 400,000
D. 750,000
Huge thanks,
Valentina
What is the correct answer to this question please?
A company is in a legal dispute with a supplier. The supplier is making a claim for losses suffered as a result of an alleged breach of contract by the company. The supplier is claiming $750,000. The company has denied any liability but has offered $100,000 as an out-of-court settlement. The company's lawyers have advised that if the case goes to court, the most likely outcome is that the company will lose the case and will be required to pay $400,000 in compensation to the supplier.
What amount should be provided in respect of the claim by the supplier?
A. Nothing
B. 100,000
C. 400,000
D. 750,000
Huge thanks,
Valentina
