All of the Following Are Examples of Tort Reform Proposals

question 12

Multiple Choice

All of the following are examples of tort reform proposals EXCEPT

• A)modifying the collateral source rule.
• B)eliminating caps on noneconomic damages.
• C)regulation of attorney fees.
• D)imposing penalties to deter frivolous lawsuits.

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Definitions:

Comparable Good Outcomes

Situations where two or more goods or scenarios produce similarly beneficial effects or results.

Present Value

The present value of a future amount of money or series of cash flows at a given rate of return.

Interest Rate

The percentage at which interest is paid by a borrower for the use of money they borrow from a lender.

Risk Averse

A descriptor for individuals or entities that prefer to minimize exposure to risk and avoid uncertain outcomes.