16.Question 16Jessica manufactures components for a product. She has sued one of her customers, Michael, in the United States for payment. Michael claims that the components that Jessica delivered were defective. They are now negotiating a possible settlement. Jessica is asking the court to award her 400,000 in damages and she agreed to pay her attorney a 30% contingency fee. There is a 50% chance that she will win. If they go to court, she estimates that Michael’s attorney’s fees will total 80,000. Based on a decision tree calculation, the value of Jessica’s litigation BATNA based only on these facts is (select one):1 point400,000.280,000.200,000.140,000.110,000.none of the above.

17.Question 17Same facts as #16, except that Jessica files her lawsuit outside the US in a country that uses a "loser pays" rule. Instead of hiring her attorney on a contingency fee, she agrees to pay the attorney a fixed fee of 90,000. Based on a decision tree calculation, the value of Jessica’s litigation BATNA based on these revised facts is (select one):1 point200,000.155,000.115,000.110,000.70,000none of the above.18.Question 18Harinee is negotiating to sell her car to Sam. During negotiations, Sam asks Harinee whether the car has ever been damaged in an accident. Harinee says “absolutely not.” This is a lie. She was involved in a serious accident in which a passenger in her car was killed. After the accident she had the car completely repaired and the damage is not noticeable. Based on Harinee’s answer, Sam bought the car but later discovered the lie. Harinee has violated which of the following legal rules (select one):1 pointfiduciary dutyunconscionabilityfraudall of the abovetwo of the abovenone of the above

17.Question 17Same facts as #16, except that Jessica files her lawsuit outside the US in a country that uses a "loser pays" rule. Instead of hiring her attorney on a contingency fee, she agrees to pay the attorney a fixed fee of 90,000. Based on a decision tree calculation, the value of Jessica’s litigation BATNA based on these revised facts is (select one):1 point200,000.155,000.115,000.110,000.70,000none of the above.

Vivian sells phony stock certificates to Michael to make a quick buck and pay off her loan shark. When Vivian’s scheme is revealed and Michael sues her, the court awards Michael $10,000 for the money he lost and an additional $5,000 to punish Vivian for her wrongdoing. What type of damages are the $5,000?Multiple ChoiceCompensatoryConsequentialLiquidatedNominalPunitive

41.Question 41Aashka is negotiating to sell her car to Juana. During the negotiation, Aashka tells Juana that someone else has offered to purchase the car for 5000. In fact, no one else has made an offer to purchase the car. Based on Aashka's statement, Juana agrees to purchase the car for 5200. If Juana later learns of Aashka's lie and decides to sue her: (select one):1 pointShe cannot recover damages for fraud because she should expect sellers to use this type of deception.She can recover damages because Aashka breached her fiduciary duty.She can recover her attorney fees from Aashka if she litigates the case in the United States and wins.all of the above.two of the above.none of the above.

If the buyer and a seller do not agree on the amount of liquidated damages, the seller may not retain an amount in excess of ___________.Multiple choice question.$400 or 30 percent of the value of the total performance for which the buyer is obligated under the contract, whichever is greater$100 or 40 percent of the value of the total performance for which the buyer is obligated under the contract, whichever is greater$500 or 20 percent of the value of the total performance for which the buyer is obligated under the contract, whichever is smaller$200 or 50 percent of the value of the total performance for which the buyer is obligated under the contract, whichever is smaller