Which of the Following Is a Duty That Can Be

question 39

Multiple Choice

Which of the following is a duty that can be delegated despite an anti-delegation clause?

• A) need of unique expertise
• B) exercise of personal skills
• C) payment of money
• D) requirement of subjective discretion

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Definitions:

Reservation Price

This is another term for reserve price, meaning the lowest price at which someone is willing to sell a good or service.

Tape Recorder

An electronic device used for recording sound on magnetic tape and usually capable of playback.

Money

A medium of exchange used to facilitate transactions of goods and services.

Producer's Surplus

The difference between the amount a producer is willing to accept for a good or service and the actual amount received from its sale.