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:

Parasympathetic

Part of the autonomic nervous system that conserves energy by slowing the heart rate and increasing intestinal and gland activity.

Sympathetic

Part of the autonomic nervous system involved in the body's fight or flight response, regulating heart rate, blood flow, and other functions.

Epinephrine

A hormone and neurotransmitter also known as adrenaline; it increases heart rate, constricts blood vessels, and dilates air passages.

Norepinephrine

A neurotransmitter and hormone involved in the body's fight or flight response, affecting blood pressure, heart rate, and sugar metabolism.