Explain the effects of class actions on the number of suits

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Reference no: EM131908594

Question: 1. Litigation insurance shifts the legal costs of plaintiffs or defendants to insurers. How do you think this insurance would affect the number of suits filed?

2. Explain the effects of class actions on the number of suits, using our distinction of causes, into

(1) injuries,

(2) filing costs, and

(3) expected value of the legal claim.

Reference no: EM131908594

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