An Order That Is to Be Given Only When Necessary

question 37

Multiple Choice

An order that is to be given only when necessary is a:

• A) PRN order
• B) routine order
• C) stat order
• D) single order

Distinguish between different forms of property acquisition and their legal implications.

Identify the legal requirements for a bailment to take place, including delivery of property and the return or disposal agreement.

Understand the distinction between lost, abandoned, converted, and mislaid property.

Comprehend the legal outcomes of unauthorized property possession or conversion.

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Definitions:

Substitute

A good or service that can be used in place of another, offering consumers a choice when making purchase decisions.

Input

Resources used in the production process of goods or services, including labor, materials, and capital.

Removing Subsidy

The process of eliminating financial support provided by governments to businesses, individuals, or other government departments.

Equilibrium Price

The price point at which the quantity of goods demanded equals the quantity of goods supplied, without any external intervention.