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Most Airlines Will Not Let a Customer Change a Super-Low-Fare

question 75

True/False

Most airlines will not let a customer change a super-low-fare ticket because once the plane backs away from the gate,the value of the empty seat is zero.


Definitions:

Legal Realism

A theory in law that emphasizes the real-world outcomes of cases and the roles of judges and societal influences, rather than purely relying on abstract legal rules or doctrines.

Homosexual Marriage

A legally recognized marriage between two individuals of the same sex.

Supreme Court

The highest judicial body in a country, specifically in the United States, it is the ultimate arbiter of federal constitutional law.

Cost-Benefit Analysis

An economic school of jurisprudence in which all costs and benefits of a law are given monetary values. Those laws with the highest ratios of benefits to costs are then preferable to those with lower ratios.

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