Which of the Following Is True About the Law and Economics

question 71

Multiple Choice

Which of the following is true about the Law and Economics School of jurisprudence?

• A) It is also known as the Chicago School.
• B) It promotes the use of economic principles in resolving cases, so long as the case is one involving business.
• C) It would say that a case which no lawyer would take on a contingent fee basis should be brought by an attorney who is paid by the state.
• D) It holds that antitrust cases should be vigorously prosecuted in order to protect the economic viability of smaller firms.
• E) There is no Law and Economics School of jurisprudence.

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Definitions:

Cultural

Relating to the ideas, customs, social behaviors, and artifacts of a particular society, group, place, or time.

Political

Relating to the government, public policies, and the administration of public affairs.

Biological

Pertains to the science of life and living organisms, focusing on physical characteristics, biochemical processes, molecular interactions, and how different forms of life evolve.

Decolonized Consciousness

An awareness and mindset that seeks to undo and move beyond the legacies of colonialism, focusing on reclaiming and valuing indigenous knowledge, cultures, and identities.