Examlex
Which of these actions is MOST likely to internalize a positive externality?
Notice
A formal or informal communication or indication that informs a party of a fact, decision, or legal process, which may have implications for rights or duties.
Advance
Money paid or received before it is due, often used in contexts like salary advances or advance payments.
Periodic Tenancy
A tenancy agreement that automatically renews for a fixed period, such as monthly or yearly, until notice is given to terminate it.
Tenancy from Month to Month
A rental agreement where the lease period is for one month, automatically renewing each month until either the landlord or tenant decides to terminate it.
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