Which of the Following Factors Reduces the Need for Government

question 35

Multiple Choice

Which of the following factors reduces the need for government involvement in the marketplace?

• A) The presence of externalities
• B) The incentive to rent-seek
• C) The need for public goods
• D) Incomplete information

---

Definitions:

Ordinary Course

Refers to actions and transactions that are regular and normal for a particular business under the circumstances.

Financing Statement

A document filed to give public notice that a lender has a security interest in a debtor's property, typically for securing loans.

UCC

is the Uniform Commercial Code, a comprehensive set of laws governing commercial transactions in the United States.

Collateral

Property or assets that a borrower offers to a lender as security for a loan, which can be seized if the loan is not repaid according to the agreed terms.