Under the common law, if a court found that a polluter provided a community with economic benefits, it would be likely to rule that the polluter should:
a. increase its activities
b. pay damages to those who suffered injury
c. engage in a comprehensive cost-benefit analysis
d. pay damages to those who suffered injury and engage in a comprehensive cost-benefit analysis
e. pay damages to those who suffered injury and engage in a comprehensive cost-benefit analysis and, if justified, increase its activities
Question 2
Historically, promises to pay a debt owed were allowed to be assigned to a third party, but were usually done so at a discount.
a. True
b. False
Indicate whether the statement is true or false
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A Comparison of Economic Systems
economic question
economic question
Economic question