Answer:
A negative externality is a cost that a third party incurs from someone else's economic activity. When the third party experiences a beneficial effect, it is called a positive externality.
Requires the government to impose a tax.
EX:
Your roommate, Dmitri, has bought a bird that keeps you up at night with its chirping.
The local airport has doubled the number of runways, causing additional noise pollution for the surrounding residents.
Explanation:
Answer: True
Explanation:
With the on-going drive towards Globalization, companies took advantage to raise more capital by listing across various stock exchanges in the world. The result of this became that the securities market became more correlated.
This had the advantage of granting many companies enough capital that they became Multinational companies but it had the disadvantage of reducing the benefits of international portfolio diversification because the companies would be able to influence the movement of stock across the nations that they are listed in. Where before you could trade in Japan if there were losses in the NYSE, with a company being on both and suffering, both exchanges would feel it.
Answer:
The defense was not valid as per court.
Explanation:
The Indiana requirement of having license before initiating a credit business is to be fulfilled before starting the transactions and according to the customs when starting such business, a research is properly done to avoid any future claims and get firsthand knowledge of business initiation process.
Flinn’s statement to be unaware of the fact that it is necessary to get license, and non-criminal intentions are not justifiable as per the law because law is more of explicit things rather than implicit, i.e. acts and intentions, respectively.
So, the defense is not justifiable.