Activities That Generate External Costs Will Likely Be Carried Out

question 40

Multiple Choice

Activities that generate external costs will likely be carried out at levels that _____ those that would be efficient.

• A)are equal to
• B)are less than
• C)exceed
• D)compete with

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Definitions:

Paralegal Licensing Debate

The ongoing discussion about whether paralegals should be required to obtain licenses to practice, aimed at ensuring competency and protecting public interest.

Pros And Cons

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Electronic Communication

the transfer of information between individuals or entities through digital means, such as email, instant messaging, or social media.

Client Confidentiality

An ethical obligation for professionals, such as lawyers, to keep their clients' information private and not disclose it without consent.