Discuss the Legal Issues Surrounding Private Corrections and the Rulings

question 65

Essay

Discuss the legal issues surrounding private corrections and the rulings of Richardson v. McKnight and Correctional Services Corp. v. Malesko.

---

Definitions:

Financial Aid

Financial support provided to individuals to help cover the costs of education or other personal expenses.

Price Elastic

Describes how sensitive the demand for a good is to changes in its price; highly elastic demand means consumers will significantly reduce buying with small price increases.

Price Inelastic

Describes a situation where the demand for a good is not very responsive to price changes, meaning consumers buy roughly the same amount regardless of price fluctuations.

Necessity

An essential good or service required for basic survival or societal functioning.