Which of the Following Is Not One of the Requirements

question 186

Multiple Choice

Which of the following is not one of the requirements of natural justice?

• A) Notice of the hearing
• B) An opportunity to present your side
• C) The rules of evidence be adhered to
• D) The decision be made free from bias
• E) The evidence be heard by the person making the decision

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Definitions:

Economic Rent

Income derived from the ownership of a unique asset or a situation, where no actual work is done to earn it.

MRP Schedule

A chart or table that shows the marginal revenue product of labor, detailing how changes in the quantity of labor employed will impact total revenue generated.

Economic Rent

A payment to an owner or factor of production in excess of the costs needed to bring that factor into production.

Marginal Revenue Product

The additional revenue generated from using one more unit of a factor of production.