John,realizing That He Is Slowly Dying of a Painful Cancer,asks

question 9

Multiple Choice

John,realizing that he is slowly dying of a painful cancer,asks Carl to kill him.Carl is hesitant,but John executes a document that states in one part,"I hereby consent to the ending of my life by Carl who is acting under my express desires.I hereby direct that Carl should suffer no legal detriment by his actions." When John's body is discovered,Carl is charged with murder.Carl produces the document.What will result?

• A)The case against Carl should be dismissed because John consented to Carl's mercy killing.
• B)The case against Carl is legally sufficient because John could not consent to his own murder.
• C)The case against Carl should be dismissed because it lacks the required element of malice.
• D)The case against Carl is legally sufficient because John was obviously legally incompetent.

Distinguish between different standards (e.g., majority vote, economic efficiency) used to evaluate economic activities.

Understand the basic principles of supply and demand and how they relate to market equilibrium.

Differentiate between elastic and inelastic demand and supply and their impacts on tax burden distribution.

Recognize the differing economic philosophies of Keynes and Hayek regarding government intervention and central planning.

---

Definitions:

Unused Capacity

The available production capability that is not being utilized by a company.

Capacity

It is the maximum level of output that a company can sustain to produce in a given period under normal conditions.

Job-Order Costing

A costing methodology that calculates the cost of individual jobs or batches, useful in manufacturing or service industries where jobs are distinct and have varying requirements.

Automated Shaper

A machine tool that uses computer control to shape or cut materials with precision, often used in manufacturing.