Why Is Gold Very Expensive, Even Though It Is Not

question 89

Essay

Why is gold very expensive, even though it is not essential to life, while water, which is essential to life, is inexpensive?

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Definitions:

Equitable Remedy

A court-ordered action typically taken to prevent or resolve harm rather than monetary compensation, aiming to ensure fairness.

Statutory Assignment

The transfer of rights or benefits from one party to another as regulated and permitted by law.

Assignee

The party to whom rights or duties under a contract are transferred by another party (the assignor).

Notice of Assignment

A formal notification that a contract or property has been legally transferred from one party to another.