Lady Justice Is the Roman Goddess of Justice and a Personification

question 18

Multiple Choice

Lady Justice is the Roman goddess of justice and a personification of justice in the legal system.She is depicted bearing a set of scales.These scales are designed to represent:

• A)The way which justice balances the opposing arguments of litigants.
• B)Her humble nature.
• C)The expense associated with litigation.
• D)The heavy burden she must carry in defending the truth.

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Definitions:

Comparative Advantage

The ability of an entity to produce goods or services at a lower opportunity cost than others, leading to more efficient trade.

Absolute Advantage

The ability of a party, company, or country to produce a good or service more efficiently than its competitors using the same amount of resources.

Comparative Advantage

The economic principle that a country or entity should produce goods and services for which it has a lower opportunity cost than its trading partners.

Mutual Gain

A situation or outcome in negotiation or trade where all parties involved benefit or achieve some level of advantage.