Which of the Following Is Not a Rationing Mechanism Used

question 110

Multiple Choice

Which of the following is not a rationing mechanism used by landlords in cities with rent control?

• A)waiting lists
• B)race
• C)price
• D)bribes

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Definitions:

Discharged Debt

Debt that has been forgiven or cancelled, legally releasing the debtor from the obligation to repay.

Late Charges

Fees imposed for not meeting the payment deadlines as stipulated in a contract or agreement.

Option Contract

A contract granting the holder the right, but not the obligation, to buy or sell an asset at a specified price within a set period.

Consideration

Something of value exchanged by parties that forms the basis of a contract, making it legally binding.