The Major Difference Between Public Nuisance and Private Nuisance Is

question 203

Multiple Choice

The major difference between public nuisance and private nuisance is:

• A) a public nuisance involves public health and private nuisance involves citizens' welfare
• B) whether the property involved is owned by a government or by a private party
• C) a public nuisance interferes with the enjoyment of land; private nuisance impacts health
• D) public nuisance can exist only if there is physical damage to land; that is not the case with private nuisance
• E) none of the other choices

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Definitions:

Product Differentiation

The process by which companies distinguish their products or services from others in the market to attract a specific target audience.

Perfect Competition

A market structure characterized by a large number of small firms, identical products, free entry and exit, and perfect information, leading to efficient outcomes.

Peak Efficiency

The state of operating at maximum productivity with minimal waste and expense.

American Business Firms

Companies operating in the United States, engaged in commercial, industrial, or professional activities.