_____ Arise Whenever the Actions of One Party Make Another

question 16

Multiple Choice

_____ arise whenever the actions of one party make another party worse or better off,yet the first party neither bears the cost nor receives the benefits of doing so.

• A) Internalities
• B) Externalities
• C) Moral hazard
• D) Adverse selection

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Definitions:

Chance of Divorce

A statistical measure that estimates the probability of a marriage ending in divorce based on various demographic, socio-economic, and personal factors.

Divorced Parents

Individuals who have legally dissolved their marriage and are typically involved in co-parenting their children if any.

Likely to Divorce

A term describing couples or marriages that present characteristics or behaviors statistically associated with a higher probability of ending in divorce.

No-fault Divorce

A divorce procedure that does not require the petitioner to prove wrongdoing on the part of the other spouse.