AILET 2019 LLM Question Paper with answer key for online practice

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Question : 41 of 150
 
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Which of the following is true about the economic analysis theory ?
I. It doesn’t provide correct cost- benefit analysis of precautions
II. Economic analysis has been replaced by corrective justice theory
III. The theory correctly explains the adversarial nature of tort law
IV. Economic analysis equates legal liability with costs
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