Which of the Following Describes a Right of a Carrier

question 27

Multiple Choice

Which of the following describes a right of a carrier in the event a customer fails to pay for the transport?

• A) the right to sell the customer's property
• B) the right to impose a common law lien
• C) the right to punitive damages
• D) the right to liquidated damages

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Definitions:

Disposable Income

Money left after taxes and social security contributions have been subtracted, which can be either spent or saved according to personal preference.

Aggregate Spending

The total spending in an economy, including consumption, investment, government expenditures, and net exports.

Discretionary Fiscal Policy

The deliberate manipulation of government purchases, taxation, and transfer payments to promote macroeconomic goals, such as full employment, price stability, and economic growth

Taxation

The practice by which a government imposes financial charges on its citizens or residents to fund public spending and various public expenditures.