______ are often used to determine whether to implement regulation.
A) Risk assessment and tort action
B) Cost-benefit analysis and partial preemption
C) Cost-benefit analysis and risk assessment
D) Tort action and assuming the roles of private attorneys general

Question

Quizplus · Accepted Answer

Cost-benefit analysis is a common tool used to assess the potential benefits and costs of regulating an activity or industry. Risk assessment is also important in determining the level of risk posed by the activity or industry and whether regulation is necessary to mitigate those risks. However, tort action and assuming the roles of private attorneys general are more reactive approaches to regulation, rather than proactive approaches. Partial preemption may be relevant in some cases, but it is not as generally applicable as cost-benefit analysis and risk assessment.

______ Are Often Used to Determine Whether to Implement Regulation