The Utility of a Gamble Equals ________

question 14

Multiple Choice

The utility of a gamble equals ________.

• A) the extent of uncertainty associated with utility of the gamble
• B) the expected utility of its outcomes
• C) the actual utility of its outcome or prize
• D) the level of risk associated with the gamble

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Definitions:

False Imprisonment

False imprisonment is the unlawful restraint of a person against their will, without legal justification.

Intentional Confinement

The deliberate restriction of a person's freedom of movement without lawful justification.

Defense

The evidence and arguments presented in support of the defendant's case in a criminal action or lawsuit.

Contributory Negligence

A theory in tort law under which a complaining party’s own negligence contributed to his or her injuries. Contributory negligence is an absolute bar to recovery in some jurisdictions.