Private Prisons Can Often Be Run More Cheaply and Efficiently

question 18

Multiple Choice

Private prisons can often be run more cheaply and efficiently than public prisons because:

• A) their nonunionized staffs receive lower levels of health-care insurance.
• B) they are part of the government bureaucracy.
• C) they have lower incidences of recidivism and revocation.
• D) their nonunionized staffs contend with massive amount of paperwork.

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Definitions:

Debt

An obligation owed by one party, the borrower, to a second party, the lender; typically involving borrowed money that is expected to be paid back with interest.

Exchange Of Consideration

The act in a contract where something of value is traded between parties, forming the basis for mutual obligation.

Contract

A legally binding agreement between two or more parties that outlines obligations and provisions for the parties involved.

Postbox Rule

A legal doctrine that states that an acceptance of an offer becomes effective when it is posted, not when it is received by the offeror.