An Example of Someone Bearing the Burden of a Negative

question 72

Multiple Choice

An example of someone bearing the burden of a negative consumption externality would be

• A) Zoe grows beautiful roses in her garden.
• B) Taylor living downwind from a feedlot.
• C) Jess's roommate smokes and she doesn't.
• D) All of these are examples of a negative consumption externality.
• E) None of these is an example of a negative consumption externality.

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Definitions:

Remedy

A means of obtaining redress or resolution to a breach of contract, harm, or wrongful act within the legal system.

Breach Of Contract

The failure to fulfill the terms of a contract without lawful excuse, which may lead to legal action or damages.

Unilateral Mistake

A mistake made by only one of the parties about the terms of a contract.

Duress

The act of compelling someone to act against their will by use of threats, force, or coercion.