Imagine a World in Which Landlords Always Fix Problems Quickly

question 81

Multiple Choice

Imagine a world in which landlords always fix problems quickly, tenants never damage property and always pay their rent in a timely fashion. In such a world, lease agreements would ________.

• A)still exist to solve the commitment problem
• B)be unnecessary
• C)apply only to people with low monthly income
• D)only serve the interests of tenants

---

Definitions:

Activated Sludge

A process in wastewater treatment involving aerated microbial cultures that digest organic matter, reducing pollution before discharge into natural water bodies.

Biological Process

A process that occurs within living organisms, contributing to growth, reproduction, and other aspects of life.

Primary And Secondary

Refers to the first and second stages or levels in processes, industries, or education, often indicating a primary source or activity and its subsequent development or refinement.

Sewage Treatment

Sewage treatment involves the process of removing contaminants from wastewater, primarily from household sewage, to produce an effluent that is safe enough to release into the environment or to be reused.