Which of the Following Is an Example of a Public

question 91

Multiple Choice

Which of the following is an example of a public good?

• A)an apartment building
• B)a grocery store
• C)a highway
• D)a CD player

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Definitions:

Province

A territorial unit of a country that is under the jurisdiction of a federal government, functioning as a regional authority.

Security Interest

A legal claim on assets which are pledged as collateral to secure a debt, giving the lender rights to the property if the debtor defaults.

Corporation Bankrupt

A situation where a company legally declares its inability to pay its debts, leading to legal proceedings that might involve reorganization or liquidation to settle the outstanding liabilities.

Debtor Bankrupt

A status indicating an individual or entity is legally declared unable to repay their debts to creditors.