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The Coase Theorem States That There Is Different Ways to Assign

question 26

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The Coase Theorem states that there is different ways to assign property rights if the private sector is to achieve environmental efficiency.


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Illegal

An action, item, or behavior prohibited by law and subject to penalties upon violation.

Consequential Damages

Financial losses suffered as a consequence of a breach of contract, beyond the immediate scope of the direct damages, not always recoverable under certain contracts.

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