Exhibit 2-4 Which of the Following Points in Exhibit

question 188

Multiple Choice

Exhibit 2-4 Which of the following points in Exhibit 2-4 represents an inefficient use of the economy's resources?

• A)g
• B)i
• C)f
• D)d

---

Definitions:

Bilateral Contract

A legal agreement in which each of the parties to the contract makes a promise to the other or undertakes a certain obligation.

Unilateral Contract

An agreement where one party makes a promise, but the other side does not reciprocate with a promise but with an action.

Internet Communication

The exchange of information or messages between users through the internet, utilizing various platforms and technologies.

Gratuitous Promise

A promise for which no consideration is given; not legally binding unless put in a deed or supported by some form of consideration.