Negative externality market failure is addressed by government rules that prohibit a company from dumping harmful trash into a river.
<h3>How government corrects negative externalities?</h3>
The government can help to reduce negative externalities by taxing items whose production results in spillover costs. The cost of producing such commodities is effectively raised as a result of this taxation.
Taxation is one method for dealing with externalities. Governments can levy a tax on the items that cause externalities, such as pollution, to assist lessen the negative impacts of those externalities.
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The four major players are: Hamilton, Burr, Nathaniel Pendleton, William Van Ness.
Hamilton was the first secretary of treasure and he was against Burr during the duel. Burr was the Vice President to Jefferson and he was against Hamilton. Nathaniel Pendleton was a lawyer and Hamilton's second. William Van Ness was a lawyer and Burr's second.
Burr arrived first on the ground as had been previously agreed. When Genl Hamilton arrived the parties exchanged salutations and the Seconds proceeded to make their arrangments. There’s this musical that’s been getting some attention lately, Hamilton. Maybe you’ve heard of it. In the musical, Burr announces that there are 10 things you need to know about the duel, though actually he cites plenty more.
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Answer:
That the promise was not enforceable because it was a gift.
Explanation:
A plaintiff lawyer loaning a corporate client funds who is breached of an oral contract that the client will give the lawyer three percent of the company's stock. The client later breaks his promise and denied the plaintiff lawyer three percent of the company's stock.
The result on appeal in the case was that the client promised to give the lawyer three percent of the company stock as a gift but the promise is not enforceable. The client now can deny giving three percent of the company's stock to the lawyer.
Hence the answer is
That the promise was not enforceable because it was a gift.
Corruption affects an individual as it leads to:
- Lack of trust.
- Abuse of power.
- Social inequality.
<h3>What is corruption?</h3>
Corruption simply means a form of dishonesty that's done by an individual.
It should be noted that corruption and fraud are bad as they can lead to lack of trust, abuse of power, and social inequality.
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They had no time for the patriots and decided if the guerrilla fighters would