Suppose a Plaintiff Hires a Lawyer to Represent Her in a Court

question 62

Multiple Choice

Suppose a plaintiff hires a lawyer to represent her in a court case.The lawyer will receive a share of the settlement if the plaintiff wins.Under this contract,

• A) production efficiency cannot be achieved.
• B) the client bears all of the risk.
• C) the lawyer bears all of the risk.
• D) the risk is shared.

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Definitions:

Majority Vote

A voting system where the option receiving more than half of the votes is selected.

Political Corruption

The misuse of public power for private benefit, typically involving bribery, graft, or influence peddling.

Informal Fee

Charges or costs that are not officially sanctioned or documented, often occurring in informal or unregulated markets.

Confidential Documents

Papers or digital documents that contain sensitive information and are not to be shared with unauthorized persons.