In states that follow the community property tradition, property acquired after the marriage belongs solely to the party who acquired it

"Time is of the essence" is a concept found in which of the following contracts.

a. Listing contract. b. Option contract. c. Purchase contract. d. Employment contract.

From a utilitarian perspective, bribery ________

a) encourages competition leading to increased output b) distorts markets and reduces economic efficiency c) is reversible d) is morally justified