Which of the Following Statements Is (Are) True

question 149

Multiple Choice

Which of the following statements is (are) true?

• A) An efficient allocation of resources maximizes the net benefit of each activity.
• B) An efficient allocation of resources implies that the distribution of income is equitable.
• C) Judgments about equity are positive judgments.
• D) A and B are true.

Understand how recursive algorithms can solve specific problems (e.g., Tower of Hanoi, summing elements in an array).

Understand the differences between criminal and civil trials, including the burden of proof required in criminal trials.

Identify and explain various defenses available to criminal defendants, including entrapment, duress, and self-defense.

Recognize and understand the implications of key federal acts and conventions on criminal liability, such as the CAN-SPAM Act and Sarbanes-Oxley Act.

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Definitions:

Unilateral Contract

A contract formed when one party performs what has been requested by the other party; there is a promise followed by an act, but not an exchange of promises.

Lost Dog

A canine that has gone missing from its owner's home or care.

Groceries

Items of food and other household necessities purchased for consumption and use within the home.

Dickinson V. Dodds

A landmark case in contract law, dealing with the revocation of offers.