State Legislatures Have Passed Laws Assigning a "Privileged" Status to Peer

question 20

Multiple Choice

State legislatures have passed laws assigning a "privileged" status to peer review deliberations and review activities, an example of which includes _____.

• A)Case management records, which facilitate post-discharge care of the patient
• B)Liability for libel and slander, which are implicit if documented in patient records
• C)Minutes of peer review committee, which are considered immune from discovery
• D)Risk management files, which must be made accessible to patients and their families

---

Definitions:

Opportunity Cost

The cost of foregone alternatives, the value of the next best alternative that is given up when making a decision.

Comparative Advantage

The ability of a country or firm to produce a particular good or service at a lower opportunity cost than its competitors, leading to more efficient trade and production patterns.

Absolute Advantage

A situation in which a country, individual, or company can produce a particular good or service more efficiently than another party, using the same amount of resources.

Trade

Trade involves the exchange of goods, services, or both between parties, which can be at the domestic or international level, fostering economic interaction and integration.