Which of the Following Is NOT an Argument for Restricting

question 174

Multiple Choice

Which of the following is NOT an argument for restricting trade

• A)the jobs argument
• B)the national-security argument
• C)the infant-industry argument
• D)the efficiency argument

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Definitions:

Conversion

In legal terms, conversion refers to the unauthorized act of possessing or using someone else's property as if it were one's own.

Sale on Approval

A transaction in which goods are delivered to a buyer for examination before the sale is finalized, allowing for return if not satisfied.

Voidable Title

A title to property or goods that may be declared invalid by a court due to fraud, incapacity, or other issues, allowing the person harmed to void the transaction.

Bona Fide Purchaser

An innocent buyer for valuable consideration who purchases goods without notice of any defects in the title of the goods acquired.