Which of the Following Is True with Regard to Pricing

question 58

Multiple Choice

Which of the following is true with regard to pricing of legal services?

• A) Pricing of legal services is based on supply and demand.
• B) Being diplomatic with the attorney is not at all recommended in negotiations on the issue of pricing.
• C) The attorney's fee schedule in all four types of pricing of services is non-negotiable.
• D) Pricing of legal services is mainly constant and fixed.

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Definitions:

Confirmation Bias

Confirmation bias is the tendency to search for, interpret, favor, and recall information in a way that confirms one's preexisting beliefs or hypotheses.

Principle Of Falsifiability

The principle that a scientific theory must make predictions that are specific enough to expose the theory to the possibility of disconfirmation; that is, the theory must predict not only what will happen but also what will not happen.

Denialism

The refusal to accept well-established facts or evidence, often in the context of scientific or historical truths.

Cognitive Inertia

The tendency of human minds to stick to existing thought patterns or beliefs, resisting changes even in the face of new information.