4 ms·
What was the result of the litigation? From a money perspective, it seemed like "admitting fault" would be far more reasonable, and I think in this sense execut
by why-el 8y ago
What was the result of the litigation? From a money perspective, it seemed like "admitting fault" would be far more reasonable, and I think in this sense executives tend to exaggerate effects of "admitting fault", because, in the end, they are betting that legal proceedings would nullify its effects, but as we are learning now, it's not the case at all. Public memory might be short, but it regenerates at alarming speeds if you continue down this path.
- testvox 8y agoThey might have not been contractually allowed to admit fault. Many insurance policies do not allow the insured to admit fault, or they forfeit the policy.
- btown 8y agoThis type of term should be made illegal. No civil contract should be able to incite a party to knowingly withhold evidence that could save lives.