From an economic perspective, the decision to settle or litigate depends on actual guilt or innocence.

Question

Quizplus · Accepted Answer

From an economic perspective, the decision to settle or litigate depends on the potential cost and benefit of each option, not necessarily on actual guilt or innocence. Other factors such as the strength of evidence, credibility of witnesses, and potential damages also play a role in the decision-making process.

From an Economic Perspective, the Decision to Settle or Litigate