This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: One reason that lawyers might prefer a contingent contract when representing a plaintiff in a tort ... (Read 117 times)

DyllonKazuo

  • Hero Member
  • *****
  • Posts: 565
on: Jul 1, 2018
One reason that lawyers might prefer a contingent contract when representing a plaintiff in a tort case is that
 
  A) lawyers are risk neutral.
  B) diversification of many cases allows lawyers to reduce risk.
  C) lawyers are typically confident about winning every case.
  D) hourly rates for lawyers are usually very low.

Question 2

Suppose a plaintiff hires a lawyer to represent her in a court case. Under which of the following contracts is efficiency in risk bearing assured?
 
  A) The lawyer is paid by the hour.
  B) The lawyer receives a share of the settlement.
  C) The lawyer receives a fixed fee.
  D) It is impossible to determine without the degree of risk aversion for each.
Microeconomics ¦ Perloff ¦ 8th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

sabina576

  • Sr. Member
  • ****
  • Posts: 356
Reply #1 on: Jul 1, 2018
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 59% of students answer this correctly


DyllonKazuo

  • Member
  • Posts: 565
Reply 2 on: Jul 1, 2018
Great answer, keep it coming :)

cassie_ragen

  • Member
  • Posts: 347
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

« previous next »
 

Did you know?

Not getting enough sleep can greatly weaken the immune system. Lack of sleep makes you more likely to catch a cold, or more difficult to fight off an infection.

Did you know?

If all the neurons in the human body were lined up, they would stretch more than 600 miles.

Did you know?

Approximately 70% of expectant mothers report experiencing some symptoms of morning sickness during the first trimester of pregnancy.

Did you know?

Immunoglobulin injections may give short-term protection against, or reduce severity of certain diseases. They help people who have an inherited problem making their own antibodies, or those who are having certain types of cancer treatments.

Did you know?

Most childhood vaccines are 90–99% effective in preventing disease. Side effects are rarely serious.

The Real Reason Why They Repeat the Same 20 Songs on the Radio & TV Nationwide The Real Reason Why They Repeat the Same 20 Songs on the Radio & TV Nationwide
A typical spectrum with peaks representing the peptide fragments generated from a sample A typical spectrum with peaks representing the peptide fragments generated from a sample
Crying Frequency in the Early Months In their first months of life, infants often cry for no appare Crying Frequency in the Early Months In their first months of life, infants often cry for no appare
The reason I selected this photo is to illustrate how seriously we must take all preaching of hatred ... The reason I selected this photo is to illustrate how seriously we must take all preaching of hatred ...
Give the world a reason to remember your name Give the world a reason to remember your name
The reason why I do not study The reason why I do not study
Video: Lipid absorption - end products & transport mechanism

For a complete list of videos, visit our video library