_____ Is Defined as the Obtaining of Money or Property

question 43

Multiple Choice

_____ is defined as the obtaining of money or property of another through deceptive practices.

• A) Burglary
• B) Embezzlement
• C) Fraud
• D) Forgery/Counterfeiting

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Definitions:

Nonexcludable

A characteristic of a good or service that prevents individuals who have not paid for it from being easily excluded from its use or benefit.

Nonrival

A characteristic of a good or service where one person's use does not diminish its availability to others.

Marginal Cost

The increase in total production cost that arises from producing one additional unit of a good or service.

Public Good

A product or service that is provided without profit to all members of a society, either by the government or a private individual or organization.