A Parks His Car in a No-Parking Zone and a Gets

question 19

Multiple Choice

A parks his car in a no-parking zone and A gets a ticket.In this case,A has committed

• A)an absolute liability offence.
• B)a mens rea offence.
• C)a criminal offence.
• D)no offence.
• E)a strict liability offence.

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Definitions:

Elastic

Describes a situation where the demand for a product or service significantly changes in response to a change in its price.

Price Elastic

Relating to the responsiveness of the demand or supply of a good or service to changes in its price.

Price Elasticity

A measure of the responsiveness of the quantity demanded or supplied of a good or service to a change in its price.

Quantity Demanded

The total amount of a good or service that consumers are willing and able to purchase at a given price level.