Which of the Following Is an Example of a Positive

question 354

Multiple Choice

Which of the following is an example of a positive externality?

• A) something obtainable at a zero price
• B) a lower crime rate for a community in which residents receive more education
• C) increased purchases of landscaping services by a homeowner that boost a neighbor's property value
• D) a discount for consumers buying in large quantity

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Definitions:

Consequential Damages

Indirect losses or damages that result from a breach of contract, not directly caused by the breach but a consequence of it.

Car Rental

The service of leasing automobiles for short periods of time, often ranging from a few hours to several weeks.

Commute

The regular travel of an individual between their place of residence and workplace or study.

Statute of Limitations

Legislation that establishes a deadline by which legal actions must be commenced following an incident.