Question

match these items. match the items in the left column to the items in the right column.

1. rules that prevent the creation and behavior of monopolies antitrust laws
2. agreement enforceable by law liability
3. legal obligation to repay a debt legal contract
4. privileges of deciding how resources are used property rights

Explanation:

1. Antitrust laws are specifically designed to regulate and prevent monopolistic formation and conduct.
2. A legal contract is defined as an agreement that is binding and enforceable under the law.
3. Liability refers to the legal responsibility to settle owed debts.
4. Property rights grant the holder the authority to control and decide the use of their resources.

Answer:

1. antitrust laws
2. legal contract
3. liability
4. property rights