In Class Action Lawsuits, Interested Parties to the Lawsuit Are

question 421

Multiple Choice

In class action lawsuits, interested parties to the lawsuit are not required to pay attorney fees directly. This is an example of an attempt to

• A)maximize attorney fees.
• B)reduce the incentive of attorneys to file class action lawsuits.
• C)reduce the transaction costs of finding a private solution to an externality.
• D)regulate attorney fees.

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Definitions:

Social Needs

The human requirements for companionship, belonging, inclusion, and being part of a community.

Homeostasis

The self-regulating process by which biological systems maintain stability while adjusting to conditions that are optimal for survival.

Reproductive Success

The passing of genes onto the next generation in a way that they too can pass on those genes.

Goal-directed Behaviour

Actions taken towards achieving specific outcomes or objectives.