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If a person is risk averse and in a situation with a high probability of gains (such as a court case),
what is the most likely response from that person?
rejecting unfavorable settlement
rejecting favorable settlement
accepting unfavorable settlement
accepting favorable settlement

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If a person is risk averse and in a situation with a high probability.docx

  • 1. If a person is risk averse and in a situation with a high probability of gains (such as a court case), what is the most likely response from that person? rejecting unfavorable settlement rejecting favorable settlement accepting unfavorable settlement accepting favorable settlement