At the End of a Case, a Court Awarded Costs

question 47

Multiple Choice

At the end of a case, a court awarded costs against Craig.Which of the following statements is TRUE?

• A)Craig probably won a private law case.
• B)Craig probably was convicted of a serious crime.
• C)Craig necessarily must reimburse the other party for all of the expenses that it incurred in connection with the case.
• D)The court almost certainly awarded costs against the other party as well.
• E)Craig must pay money to the other side in compensation in whole or in part for legal fees and disbursements of the other side-even if he won his case.

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Definitions:

Marginal Cost

The change in overall cost resulting from the production of an additional unit.

Marginal Benefit

The gain in satisfaction or usefulness from consuming or producing a further unit of a good or service.

Rational Choice

A theory in economics and sociology that states individuals choose the most advantageous option considering the costs and benefits.

Best Use

The most efficient or effective utilization of a resource or asset in order to achieve the desired result or maximum value.