Which of the Following Is an Example of an Activity

question 67

Multiple Choice

Which of the following is an example of an activity that creates an external cost?
i.a smoker emitting second-hand smoke
ii.sulfur emitting from a smoke stack
iii.throwing garbage on the roadside

• A) i only
• B) i and ii
• C) iii only
• D) ii and iii
• E) i, ii, and iii

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Definitions:

Notes

are written promises to pay a specified amount of money, either on demand or at a set time, to the person named on the document or to their bearer.

Article 3 Negotiability

The section of the Uniform Commercial Code that governs the negotiation and enforcement of negotiable instruments, such as checks or promissory notes.

Payable

Referring to money that is owed by one party to another and should be paid according to terms specified in a contract or agreement.

Definite Time

A specific and set period or moment that is clearly defined or determined.