The Larger the Gini Index,______________

question 119

Multiple Choice

The larger the Gini Index,______________.

• A)the more equality a region has
• B)the more inequality a region has
• C)the more unemployed people a region has
• D)the more employed people a region has

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Definitions:

Mitigate Loss

Actions taken to reduce the severity or impact of a loss or damage, often a duty in contractual contexts.

Consideration

In contract law, something of value that is given by both parties to a contract that induces them to enter into the agreement to exchange mutual performances.

Damages

Financial compensation ordered by a court to be paid to a person who has suffered loss or harm due to the unlawful act or negligence of another.

Condition Precedent

A legal term for a condition that must be fulfilled before a party is required to perform a contractual obligation.