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Identify whether each of the following is a positive or normative statement.(a) Should tuition fees increase, fewer students would obtain a post-secondary education.(b) The Prime Minister announced that Canada is the best place in the world to live.
Liability
A legal responsibility or obligation, often financial in nature, that an individual or entity is bound to settle.
Implied Bailment
A situation where possession of property is transferred without explicit agreement, with an understanding that the property will be cared for and returned.
Unlocked Locker
A storage unit or compartment that is not secured with a lock, potentially exposing contents to theft or unauthorized access.
Cell Phone
A portable, wireless telephone for making calls over a cellular network, not restricted by physical connection lines.
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