A Free Rider

question 1

Multiple Choice

A free rider

• A) Contributes everything to a public good
• B) Causes a market failure with private goods
• C) Contributes little or nothing to a public good, but also does not benefit from others' contributions
• D) Contributes little or nothing to a public good while benefiting from others' contributions

---

Definitions:

UCC

The Uniform Commercial Code (UCC) is a comprehensive set of laws governing commercial transactions, including sales of goods and secured transactions, in the United States.

Remedies

Legal means through which a right is enforced or the violation of a right is prevented, redressed, or compensated.

Liquidated Damages

A provision in a contract that predetermines the amount of damages to be paid if a party breaches the agreement.

Contract Breach

The inability to fulfill a term of a contract, whether it's in written or oral form, without a valid legal justification.