1. Discuss and compare the functions of regulations, incentive and pricing mechanisms with respect to achieving environmental goals.2. With respect to product safety, what is strict liability, and what older standard does it replace?3. With respect to proprietary information, what is a trade secret, and how does it differ from information that’s patented or copyrighted?4. When employers are gathering information about job applicants or current employees, what is the meaning of informed consent?5. What are the principles of the old system of mercantile capitalism?6. What is a corporation, and what is the principle of limited liability?7. What is an ecosystem, and what is meant by interdependency in an ecosystem?8. List and briefly explain the 4 key features of capitalism.Keep answers short and accurate.
1. Discuss and compare the functions of regulations, incentive and pricing mechanisms with respect to achieving environmental goals.2. With respect to product safety, what is strict liability, and what older standard does it replace?3. With respect to proprietary information, what is a trade secret, and how does it differ from information that’s patented or copyrighted?4. When employers are gathering information about job applicants or current employees, what is the meaning of informed consent?5. What are the principles of the old system of mercantile capitalism?6. What is a corporation, and what is the principle of limited liability?7. What is an ecosystem, and what is meant by interdependency in an ecosystem?8. List and briefly explain the 4 key features of capitalism.Keep answers short and accurate.
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