Examlex
Which of the following is the most stressful of all conflicts: causing many people to go back and forth between one decision and the other or to be unable to decide for or against the event?
Injunctions
Injunctions are legal orders issued by a court that require a party to do or abstain from doing specific acts.
Liability Rules
Legal principles that govern the allocation of costs for damages or harm among parties in civil lawsuits.
Coase Theorem
A principle stating that if trade or bargaining is possible without cost, then the allocation of resources will be efficient and invariant to the allocation of property rights.
Externality
A side effect or consequence of an economic activity that affects other parties without this being reflected in the cost of the goods or services involved.
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