According to the Text,at a Party Everyone Shouts in Order

question 107

Multiple Choice

According to the text,at a party everyone shouts in order to be heard.If instead everyone spoke at a normal volume people would still be heard.The likely reason that people continue to shout is that the:

• A)individual incentive to be heard is smaller than group incentive for everyone to be heard.
• B)individual incentive to be heard is greater than group incentive for everyone to be heard.
• C)individuals will never do better by speaking more loudly.
• D)prisoner's dilemma does not work in a party.

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Definitions:

In Pari Delicto

A legal doctrine that prevents a plaintiff who has participated in wrongdoing from recovering damages for loss resulting from the wrongdoing.

Court

An institution that has the authority to decide disputes, administer justice, and apply the law.

Remedy

A form of legal redress used to enforce a right or compensate for harm or injury caused by the breach of a legal duty.

Unconscionability

A doctrine in contract law that allows courts to refuse the enforcement of contracts that are grossly unfair or oppressive, due to a significant imbalance in power or information.