Which of the Following Is NOT an Example of a Government-Supported

question 171

Multiple Choice

Which of the following is NOT an example of a government-supported cartel?

• A) local laws restricting the number of cab companies that may operate in a particular township
• B) milk cartel in the United States
• C) OPEC
• D) government subsidies supporting innovation in clean-coal industries

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Definitions:

Real Property

Property that includes the soil and any permanently bound fixtures to it, like constructions and arboreal elements.

Bequest

A gift left to someone in a will.

Personal Property

Moveable property that is not fixed permanently to one location, such as furniture, vehicles, and electronics, as opposed to real estate.

Testamentary Capacity

The legal ability of a person to make a valid will, including understanding the extent of their assets and the natural beneficiaries of those assets.