A Cost of an Activity That Falls on People Not

question 22

Multiple Choice

A cost of an activity that falls on people not engaged in the activity is called a(n) :

• A)external benefit.
• B)prisoner's dilemma.
• C)negative externality.
• D)positive externality.

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Definitions:

Additional Injuries

Refers to injuries that are found or diagnosed after the initial assessment or treatment of a patient or claimant, often complicating the original medical or legal case.

Inherently Dangerous

Activities or substances that, by their nature, pose a potential risk of harm or damage even when reasonable care is taken.

Strict Liability

A legal principle that holds a party responsible for damages or losses, regardless of fault or intent.

Regulated Activity

Actions or operations subject to oversight and control by governmental or authoritative bodies to ensure compliance with laws and regulations.