Chapter12: Medicare
Section: Chapter Questions
Problem 4QAP
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!["If the legal standard of care in a negligence rule is necessarily vague, the court should set it below the
level of efficient precaution." Explain the economic argument in favor of this proposition.](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F84301bf1-f450-4e19-851b-31aeb19a7fcd%2F13ad63ce-077e-4e2b-a179-288f08c8e7a3%2Fpv22zi9_processed.jpeg&w=3840&q=75)
Transcribed Image Text:"If the legal standard of care in a negligence rule is necessarily vague, the court should set it below the
level of efficient precaution." Explain the economic argument in favor of this proposition.
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