The Expression "There's No Such Thing as a Free Lunch

question 119

Multiple Choice

The expression "There's no such thing as a free lunch" means

• A)that even if the lunch is free, we pay for it in extra calories
• B)that resources used up in producing the lunch are not available to satisfy other wants
• C)the same thing as "The best things in life are free"
• D)you can eat only if you work first
• E)neither sea water nor air is free

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Definitions:

Contract Law

The body of law regulating legally binding agreements between parties, specifying the rights and duties that arise from agreements.

Procedural Law

Refers to the part of the legal system that sets out the methods and procedures for enforcing rights and obligations, including the steps for conducting a lawsuit.

Administrative Regulation

Rules and regulations created by administrative agencies to direct the conduct within their specific areas of authority.

Common Law Rule

Pertains to rules or principles developed through historical court decisions, forming a significant part of the legal framework that governs certain issues or cases.