Answer:
TRUE
Explanation:
The Coase theorem states that when transaction cost are low, two parties will be able to bargain and reach an efficient outcome in the presence of an externality.
The Coase Theorem also states that when conflicting property rights occur, bargaining between the parties involved will lead to an efficient outcome regardless of which party is ultimately awarded the property rights, as long as the transaction costs associated with bargaining are negligible. If trade in an externality is possible and there are no transaction costs, bargaining will lead to an efficient outcome regardless of the initial allocation of property rights.
A. proposal by Congress; ratification by state legislatures
Americans began to rethink the nation's environmental policies partly as a result of the oil embargo.
When the members of the Organization of Arab Petroleum Exporting Countries, led by Saudi Arabia, declared an oil embargo in October 1973, the 1973 oil crisis—also known as the first oil crisis—began. Targets of the embargo were countries that had backed Israel during the Yom Kippur War. Moreover, they also imposed an embargo on the US in retaliation for its decision to resupply the Israeli military and to use this as leverage in the peace talks following the war. The 1979 oil crisis, also referred to as the Second Oil Crisis or the 1979 Oil Shock, was an energy crisis brought on by a decline in oil production following the Iranian Revolution.
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Answer:
No, because marriage is a public and not a private fact.
Explanation:
From the question we are informed about Alice who was briefly married at the age of 16. She is now 28 years old and plans to marry Henry in the spring. Henry's sister found out about Alice's first marriage and then told Henry's parents. Alice now wants to sue Henry's sister for public disclosure of private facts. In this case, Alice does not have a case against Henry's sister because marriage is considered a public and not not considered a private fact. Private facts can be regarded ones personal details which has not been disclosed in the public domain. These could be private romantic encounter or someone sexual orientation. Immediately this personal details get disclosed publicly by the person, it is considered as "public fact" because it has moved into the public domain. Public disclosure of fact is passing across of fact-at-issue on to public, so that the fact can public knowledge.
