A Woman Approached Senator Adlai Stevenson When He Was Running

question 290

Multiple Choice

A woman approached Senator Adlai Stevenson when he was running for president, saying, "Senator, you have the vote of every thinking person!" The Senator is often credited with responding: "That's not enough, madam, we need a majority!" Which concept does this quip best reflect?

• A) rational ignorance
• B) opportunity cost
• C) diffuse costs and concentrated benefits
• D) median voter theorem

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Definitions:

Internal Legal Memorandum

A document used within a legal setting, typically a law firm or corporate legal department, that analyzes and outlines advice on a particular legal issue.

Client's Position

Refers to the specific legal situation, interests, and objectives of a client in a legal case.

Weaknesses

Areas of deficiency or vulnerability that can be exploited or may detract from effectiveness, oftentimes used in the context of strategic planning, security analysis, or personal development.

Objective Approach

A method of decision-making or analysis based on facts and evidence, devoid of personal feelings or bias.