In the context of property rights, which of the following refers to theft, piracy, blackmail, and the like by private individuals or groups?

Under the direct write-off method, no attempt is made to match bad debt expense to sales revenues in the same accounting period.

a. true b. false

In chapter five JD uses an example involving his wife and the family business. What is his point?

a. The most important thing about work is the financial reward ( and the things money can buy). b. Work has very little value outside wages and benefits. c. Work has no intrinsic value d. The most important value associated with work is self-development. e. Work can sometimes have significant social value.