Which One of the Following Statements Is True

question 149

Multiple Choice

Which one of the following statements is true?

• A) Dead capital is most frequently found in countries with well-defined property rights.
• B) Dead capital is most frequently found in the most prosperous countries.
• C) It is easy for dead capital resources to be allocated to their best possible use.
• D) It is difficult for dead capital resources to be insured or traded.

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Definitions:

Warranty of Fitness

An assurance that a product or service is suitable for the specific purpose for which it was bought, often implied in sales contracts.

Bicycle Shop

A retail business specializing in the sale, repair, and sometimes rental of bicycles and related accessories and components.

Gear Shift

A mechanical device in vehicles used to change gears manually, allowing the driver to control the vehicle's speed and power.

Warehouse Receipt

A receipt issued by a person engaged in the business of storing goods for hire.