A Criminal Offense That Is Less Serious Than a Felony

question 211

Multiple Choice

A criminal offense that is less serious than a felony is a:

• A) misdemeanor
• B) tort
• C) defamation
• D) medical malpractice
• E) breach of contract

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Definitions:

Opportunity Cost

The cost of forgoing the next best alternative when making a decision or choosing to invest in one opportunity over another.

Opportunity Cost

In the process of making a decision, the disadvantage of excluding the immediately better option.

Economics Homework

Assignments given to students to deepen their understanding of economic principles, theories, and models.

Opportunity Cost

The cost of missing out on the next best alternative when making a decision or choosing to produce or consume one good over another.