Which Example Would Be Considered a Black Market Transaction

question 114

Multiple Choice

Which example would be considered a black market transaction?

• A)a tenant in a rent-controlled apartment subletting at a higher rent
• B)the purchase of an inferior radio at a department store
• C)waiting in line during the gasoline shortages of the 1970s
• D)the oil market

---

Definitions:

Permissible

Allowed or permitted within a certain set of rules, laws, or ethical guidelines.

Judith Jarvis Thomson

A philosopher best known for her contributions to moral philosophy and bioethics, including her influential defense of abortion rights in "A Defense of Abortion."

Circumstances

The specific conditions or facts affecting a certain event or situation.

Unrestricted Legal Right

A entitlement or privilege under law that is not subject to any conditions or limitations.