Why Has a Lighthouse Long Been Considered an Example of a Public

question 73

Multiple Choice

Why has a lighthouse long been considered an example of a public good

• A)The owner of the lighthouse is able to exclude beneficiaries from enjoying the lighthouse.
• B)There is rarely another lighthouse nearby to provide competition.
• C)A nearby port authority cannot avoid paying fees to the lighthouse owner.
• D)All passing ships are able to enjoy the benefits of the lighthouse without paying.

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Definitions:

Employee

An individual who is hired by a person or business for a wage or salary to perform specific duties.

Acquitted

To be found not guilty of a crime in a court of law, absolving the defendant from the charges.

Tort

A civil wrong that causes someone else to suffer loss or harm resulting in legal liability for the person who commits the tortious act.

Defamation

The process of making untrue declarations about an individual that harm that individual's good name.