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Oxley throws a rock intending to hit Pieter but misses and hits Ricardo who sustains an injury. Ricardo can most likely recover the cost of his injury from Oxley in a suit based on the tort theory of
Opportunity Costs
Refers to the benefits or gains a person or organization misses out on when choosing one alternative over another.
Consumer Goods
Products bought and used by consumers rather than by manufacturers for producing other goods.
Capital Goods
Long-term assets used in the production of goods and services, such as machinery, buildings, and equipment.
Consumer Goods
Products that are bought for consumption by the average consumer.
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