Which of the Following Statements Is False

question 2

Multiple Choice

Which of the following statements is false?

• A) The promissory or will theories explain contractual liability as upholding the parties' voluntarily assumed obligations.
• B) The reliance theory explains contractual liability as protecting those who rely on other's assumption of liability.
• C) Economic efficiency theorists explain contractual liability as the best means towards wealth maximization.
• D) On Raz's positive autonomy theory the law should support people in making worthwhile choices.

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Definitions:

Consumption

The use of goods and services by households or individuals, contributing to their utility and the overall demand in an economy.

Personal Bankruptcies

Legal processes in which individuals declare inability to pay back their debts, leading to potential asset liquidation or restructuring.

Uninsured Workers

Workers who do not have insurance coverage, particularly health insurance, provided by their employer or have not purchased it privately.