Examlex

Solved

If You Can Consume a Good Without Having to Pay

question 216

True/False

If you can consume a good without having to pay for it, the good must be a public good.


Definitions:

Uniform Electronic Transactions Act

A law that ensures the validity and legal effect of contracts formed electronically.

Electronic Agents

Computer systems or software programmed to autonomously perform tasks on behalf of users, such as processing information or executing transactions.

Legitimizes

To make something legal, valid, or acceptable according to law or social norms.

Agency Coupled With An Interest

An irrevocable agency agreement in which the agent is given an interest in the subject matter of the agency. Also called irrevocable agency.

Related Questions