I choked on a piece of wood that was in a cereal bar that I was eating, and the company wants to settle outside of court; what is fair?
Question Details:
I choked on a piece of wood that was cooked in a cereal bar that I was eating and it caused me to have horrible pain in my throat for a while. I contacted the company via e-mail and a representative contacted me today over the phone and asked how much I wanted to settle with them for. I have no clue how much I can truly get from this incident. I don't want to anger them if i ask for too much but I also don't want to settle for a little if I can get a bit more. Can anyone help me out?
You should ask for $1000 as an opening demand and see how they respond. Don't accept their first offer. Your concessions should equal theirs for a potential $500 settlement. So if they offer you $100, you should counter with $900. If they offer $300, you should counter with $700. If they start at $500, then counter at $900 and shoot for $750.
Good Luck,
Joseph Farzam
