Excludability Occurs When Consumption of a Good Is Restricted to Certain

question 35

True/False

Excludability occurs when consumption of a good is restricted to certain people, such as people who are willing to pay for the good.

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Definitions:

Shareholder's Loan

A loan given to a company by one of its shareholders, typically used for startup or growth financing.

Tort Of Assault

A civil wrong where one person intentionally puts another in fear of imminent harmful or offensive contact.

Relief-From-Oppression Provisions

Legal measures available to protect minority shareholders in a company from unfair treatment or oppressive actions by majority shareholders.

Pre-Emptive Right

The right of a shareholder to buy new shares in the same proportion as her current ownership of shares.