An Example of a Government Policy to Provide a Framework

question 11

Multiple Choice

An example of a government policy to provide a framework within which the private sector can operate productively is

• A) the taxation of savings.
• B) the suppression of political dissent.
• C) the establishment of well-defined property rights.
• D) government ownership of capital.
• E) the establishment of minimum wage laws.

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Definitions:

Contingency Fees

A payment arrangement where a lawyer's fee is contingent on winning the case, typically a percentage of the settlement or judgment.

Frivolous Lawsuits

Legal claims that are initiated without substantial grounds, often considered wasteful or harassing.

Greater Access

Improved or increased ability or permission to use, enter, or approach resources, facilities, or information.

Strict Liability

A legal doctrine holding an individual or entity liable for damages regardless of fault, often applied in cases involving inherently hazardous activities.