Examlex

Solved

A Default Constructor

question 13

Multiple Choice

A default constructor:

Recognize the importance of economics in making informed citizenship decisions.
Identify the concept of scarcity and its implications for opportunity costs and resource allocation.
Comprehend the importance of models and theories in economics to explain real-world phenomena.
Differentiate between positive and normative economics and their roles in economic analysis and policy recommendation.

Definitions:

Equitable Maxim

A principle or proposition of law applied in the administration of equity based on fairness, moral righteousness, and justice, rather than strict rules of law.

Equity

A branch of law that deals with remedies other than monetary compensation, focusing on fairness and justice.

Substance

The essential part or core of something, as opposed to its form or external attributes.

Remedy in Equity

A court-ordered resolution based on fairness to resolve a legal issue, often when monetary damages are insufficient.

Related Questions