Should Average Citizens Be Concerned with the Government's Budget

question 72

Multiple Choice

Should average citizens be concerned with the government's budget?

• A) No,because the government's spending and tax policies do not affect citizens.
• B) No,because even if citizens do not like the budget,there is nothing they can do to influence it.
• C) No,because the government is not spending the average citizen's money; therefore,the average citizen has no incentive to monitor the government's budget.
• D) Yes,because an important part of voting is deciding on what tax and spending plans endorsed by the various candidates make the most sense to you.
• E) Yes,because the government's yearly budget decisions have immediate and future implications for levels of taxation and the provision of public goods.

Recognize the legal rights and duties inherent in the principal-agent relationship.

Differentiate between an agent, an independent contractor, and an employee.

Interpret the role and significance of control in determining an employment relationship.

Acknowledge the fiduciary duties and responsibilities of an agent to the principal.

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Definitions:

Monetary Limit

The maximum amount of money that can be claimed or awarded in a particular type of legal case or insurance policy.

Stare Decisis

A legal principle that obligates courts to follow historical case law when making a ruling on a similar case.

Superior Trial Court

A high-level court of law that has the authority to hear both civil and criminal cases, including appeals from lower courts.

Courts of Equity

Courts that decide cases on the basis of fairness and justice, applying principles of equity rather than strict legal rules.