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An Event Must Be Certain to Occur to Constitute a Contractual

question 40

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An event must be certain to occur to constitute a contractual condition.


Definitions:

Pounds

A unit of weight commonly used in the United States and British imperial system, equivalent to 0.453592 kilograms.

Dollar Depreciates

A decrease in the value of the US dollar relative to other currencies, leading to higher prices for imports and cheaper exports.

Yen Appreciates

An increase in the value of the Japanese yen in comparison to another currency in the foreign exchange markets.

Net Exports

The value of a country's total exports minus its total imports, representing the external demand for a nation’s goods and services.

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