Directions: Choose the BEST possible answer. 1. Which is true about a transaction in a market economy?

A. Only the buyer benefits because they receive a good or service in exchange for money
B. Only the seller benefits because they receive money in exchange for a good or service
C. Both the buyer and the seller benefit, otherwise the exchange would never occur
D. Neither the buyer nor the seller benefit because they are depleting natural resources

Use the text to answer the question. (20) for a trivial offence, a free man shall be fined only in proportion to the degree of his offence, and for a serious offence correspondingly, but not so heavily as to deprive him of his livelihood. . (21) earls and barons shall be fined only by their equals, and in proportion to the gravity of their offence. —english translation of the magna carta, courtesy of the british library how does this excerpt reflect the benefits and drawbacks of the magna carta? a) the document reduces the power of the central government but does not secure the rights of citizens. b) the document promotes democratic governance but without protecting civic participation. c) the document provides protections for english citizens but does not provide equal protections. d)the document provides for the rule of law but does not extend that rule to the monarch.