What Is the Required Level of Proof in a Civil

question 42

Multiple Choice

What is the required level of proof in a civil case?

• A) beyond all doubt
• B) beyond a reasonable doubt
• C) preponderance of the evidence
• D) probable cause

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Definitions:

Utility Function

A mathematical representation of how a consumer derives satisfaction or utility from consuming goods and services.

Substitution Effect

The economic principle that as prices rise (or incomes decrease), consumers will replace more expensive items with cheaper substitutes, holding utility constant.

Income

The amount of money received by an individual or household over a certain period, usually from employment or investments.

Price

The monetary figure anticipated, requisite, or paid as payment for a product.