👉 Consequentialities, in the context of law and economics, refers to the consequences or effects of actions taken by a party. These can be positive (such as benefits) or negative (such as harms). In legal terms, they are often used to describe outcomes that affect others, such as property rights, social contracts, or moral obligations. For example: - A company may face financial penalties for environmental violations. - A government might suffer from corruption in its governance. - A person's actions can

consequentialities