This topic contains a solution. Click here to go to the answer

Author Question: One reason that lawyers might prefer a contingent contract when representing a plaintiff in a tort ... (Read 59 times)

DyllonKazuo

  • Hero Member
  • *****
  • Posts: 565
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.


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
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
Excellent


ecabral0

  • Member
  • Posts: 310
Reply 3 on: Yesterday
Wow, this really help

 

Did you know?

During the twentieth century, a variant of the metric system was used in Russia and France in which the base unit of mass was the tonne. Instead of kilograms, this system used millitonnes (mt).

Did you know?

Patients who have undergone chemotherapy for the treatment of cancer often complain of a lack of mental focus; memory loss; and a general diminution in abilities such as multitasking, attention span, and general mental agility.

Did you know?

The word drug comes from the Dutch word droog (meaning "dry"). For centuries, most drugs came from dried plants, hence the name.

Did you know?

Chronic necrotizing aspergillosis has a slowly progressive process that, unlike invasive aspergillosis, does not spread to other organ systems or the blood vessels. It most often affects middle-aged and elderly individuals, spreading to surrounding tissue in the lungs. The disease often does not respond to conventionally successful treatments, and requires individualized therapies in order to keep it from becoming life-threatening.

Did you know?

Only 12 hours after an egg cell is fertilized by a sperm cell, the egg cell starts to divide. As it continues to divide, it moves along the fallopian tube toward the uterus at about 1 inch per day.

For a complete list of videos, visit our video library