The effect of Liability Laws: They externalize costs what would otherwiswe be considered internal costs.
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Transaction costs limit the usefulness of Liability Laws.
A. 对
B. 错
Social action costs limit the usefulness of Liability Laws.
A. 对
B. 错
With Liability Laws, the burden of proof is on the person damaged.
A. 对
B. 错
With Liability Laws, the burden of proof is on the company doing the damage.
A. 对
B. 错
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