When You Throw Trash Out Your Car Window You Are

question 142

Multiple Choice

When you throw trash out your car window you are creating:

• A)a positive externality.
• B)a negative externality.
• C)a private good.
• D)a public good.
• E)both a private and a public good.

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Definitions:

Supporting Consideration

Consideration provided by a party in a contract that underpins the agreement, ensuring it is legally binding.

Assignee

An individual or entity to whom rights or interests have been transferred by another.

Repudiate

To reject or deny the validity of a contract, agreement, or statement.

Modern Law

Contemporary legal systems and statutes that are in effect in a jurisdiction, reflecting current values and societal norms.