An Increase in the Demand for Health Care Would Most

question 161

Multiple Choice

An increase in the demand for health care would most likely result from

• A)healthier lifestyles.
• B)an aging population.
• C)less health insurance coverage.
• D)increased productivity in health care.

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Definitions:

Mitigate Loss

The requirement for a party suffering loss to take reasonable action to minimize the amount of loss suffered.

Fundamental Breach

A serious violation of a contract that allows the affected party to terminate the agreement and seek damages.

Foreseeable Loss

A loss that a reasonable person could expect to happen as a result of an action or inaction.

Specific Performance

A legal remedy in contract law that requires a party to fulfill their contractual obligations, as opposed to paying damages.