Answer:
The correct answer is
not excludable, people have an incentive to be free riders. (b.)
Explanation:
Excludability of a good or service is a property of the good or service that makes it impossible for a consumer who has not paid for it to have access to it, hence, a non-excludable good or service is one to which it is impossible to prevent access by people who have not paid for it.
Based on whether goods are excludable or non-excludable, goods can be divided into four categories; private goods, common-pool goods, club goods and public goods.
Public goods: public goods are also called collective goods or social goods. Example here are public parks, street lights, air, etc. In addition to being non-excludable, public goods are also non-rivalrious, meaning that the use of the good by one person does not limit the use by another, hence the free rider incentive applies.
For a better understanding, I suggest you look up the other types of goods I mentioned above.
Answer and explanation:
There are four (4) legal requirements insurance contracts must meet to be considered valid and enforceable: <em>the contract must have a </em><em>legal purpose</em><em>; both parties must have l</em><em>egal capacity</em><em> to sign the contract; both parties must show proof that they </em><em>agreed in the terms</em><em> (benefits and obligations) of the contract; </em>and<em>, there must be a </em><em>payment agreement</em><em> for the services to be rendered</em>.
Answer:
The issue price will be above the bond's face value.
Explanation:
Answer:
The correct answer is letter "C": always.
Explanation:
Vulnerability management is responsible for the prevention, identification, and elimination of threats that might exploit vulnerabilities in a software system. After the threat has obtained unauthorized access, the threat will damage or destroy the software and no matter how big the software's weakness is, a threat will exploit it.
Answer:
regressive
Explanation:
A regressive tax is basically a tax whose rate increases as your income decreases. Generally you do not need to increase the marginal tax rate of lower income levels, all you need to do is have a flat tax that taxes everyone with the same amount. E.g. everyone pays $2,000 as income taxes. $2,000 per person represents 10% of the first household's income, but it only represents 2.7% of the fourth household's income.
On the other hand, progressive taxes increase as the income level of the taxpayers increases.
