Jurors Should Decide Liability on the Basis of Defendant

question 57

Multiple Choice

Jurors should decide liability on the basis of defendant

• A)intent.
• B)conduct.
• C)guilt.
• D)neglect.

---

Definitions:

Status Quo Bias

The tendency for people to prefer things to stay the same by doing nothing or sticking with a decision made previously.

Prospect Theory

A psychological theory that describes how people make decisions based on the potential value of losses and gains rather than the final outcome.

Endowment Effect

A psychological phenomenon where people ascribe more value to things merely because they own them.

Prospect Theory

A behavioral economic theory that describes how people make decisions under conditions of risk and uncertainty, prioritizing losses differently from gains.