Which of the Following Need NOT Be Proved in Order

question 28

Multiple Choice

Which of the following need NOT be proved in order to establish the defense of economic duress?

• A) That one side involuntarily accepted the terms of another.
• B) That circumstances permitted no other alternative.
• C) That one party explicitly made an economic threat.
• D) That the circumstances leading up to the contract were the result of coercive threats or acts of the opposite party.

Analyze the effects of globalization on job markets and the practice of offshoring.

Apply supply and demand analysis to international trade scenarios.

Discuss the benefits of free trade for the world economy and identify major trade barriers.

Understand the concept and significance of the eurozone and its impact on member countries.

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Definitions:

Consumers

Individuals or groups that purchase goods and services for personal use.

Excise Tax

A specific tax levied on the sale or consumption of particular goods, such as alcohol, tobacco, and gasoline.

Economic Activity

Actions that involve the production, distribution, and consumption of goods and services at all levels within a society.

CD Players

Electronic devices that play audio CDs using laser technology, now largely supplanted by digital music formats.