Which of the Following Statement Best Explains What Happens During

question 49

Multiple Choice

Which of the following statement best explains what happens during a court proceeding when the plaintiff relies on the principle of res ipsa loquitur?

• A) The defendant is required to file more documents.
• B) The defendant's defence is dismissed.
• C) The plaintiff raises an objection and the judge overrules the objection.
• D) The burden shifts to the defendant to establish that he or she was not at fault.
• E) The plaintiff raises an objection and the judge sustains the objection.

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Definitions:

Von Neuman-Morgenstern Utility Function

A utility function that accounts for the existence of risk and uncertainty, allowing for the calculation of expected utility.

Wealth

The total value of all assets owned by an individual, community, company, or country, minus any liabilities.

Probability

A measure of the likelihood that a specified event will occur, expressed as a number between 0 and 1.

Expected Utility Hypothesis

A theory suggesting that individuals choose between risky or uncertain prospects by comparing their expected utility values.