Some Internet Companies Like Amazon Reduce the Transaction Costs of Many

question 20

Multiple Choice

Some Internet companies like Amazon reduce the transaction costs of many purchases by

• A) providing misleading information about the quality of products.
• B) providing information about products and firms that supply those products.
• C) advertising sales at local discount stores.
• D) paying its employees low wages.

---

Definitions:

Pleadings

Formal statements made by the plaintiff and the defendant in a lawsuit that detail the facts, allegations, and defenses involved in the litigation; the complaint and answer are part of the pleadings.

Negligence

The failure to exercise the care that a reasonably prudent person would exercise in similar circumstances, leading to unintended injury to another party.

Certified Mail

A postal service that provides the sender with a mailing receipt and electronic verification that a letter or package has been delivered.

Answering Brief

A legal document submitted in response to an appeal, offering arguments and evidence to support the original decision.