Scarcity Guarantees That

question 490

Multiple Choice

Scarcity guarantees that

• A) demands will exceed wants.
• B) wants will exceed demands.
• C) demands will be equal to wants.
• D) most demands will be satisfied.

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Definitions:

Second-party Beneficiary

A person or group that benefits from a contract, despite not being a direct party to that contract.

Anti-assignment Clause

A provision in a contract that prohibits the transfer of rights or delegation of duties by a party to the agreement without prior consent from the other party.

Debris

Dispersed pieces, usually from something that has been demolished or ruined.

Personal Service

A service focusing on personalized care or attention, typically provided directly to an individual.