Define Absolute Advantage

question 156

Short Answer

Define absolute advantage.

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Definitions:

Cap Monetary Damages

The practice of setting a maximum limit on the amount of money that can be awarded to a plaintiff in a lawsuit for damages.

Civil Cases

Legal disputes between two or more parties wherein compensation or specific performance is sought rather than criminal sanctions.

Negligence Per Se Doctrine

is a legal principle where an act is considered negligent because it violates a statute or regulation.

Local Ordinance

A law or regulation enacted by a municipal or county government specific to the area under its jurisdiction.