The company can either settle out of court for $250,000 or go to court. If the company goes to court and loses, it must pay $825,000 plus $175,000 in…

The company can either settle out of court for $250,000 or go to court. If the company goes to court and loses, it must pay $825,000 plus $175,000 in court costs. If it wins in court the plaintiffs pay the court costs. Identify the states of nature of this decision-making problem.

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