The two major methods used to determine whether to implement regulation are ______.
A) partial preemption and private attorneys general
B) risk assessment and partial preemption
C) partial preemption and tort action
D) risk assessment and cost-benefit analysis

Question

Quizplus · Accepted Answer

Risk assessment and cost-benefit analysis are the two major methods used to determine whether to implement regulation. Risk assessment helps evaluate the potential harm or damage that could be caused by a particular activity, while cost-benefit analysis looks at the costs and benefits of implementing regulation. Together, these two methods can help policymakers make informed decisions about whether regulation is necessary and what form it should take.

The Two Major Methods Used to Determine Whether to Implement