Members of the Board of Governors Are

question 101

Multiple Choice

Members of the Board of Governors are

• A)Elected by the people and confirmed by the president.
• B)Appointed by the president and confirmed by the Senate.
• C)Selected by each new president at the same time the cabinet is chosen.

---

Definitions:

Contract Remedies

Legal solutions available to a party of a contract when the opposing party has breached the agreement.

Contract Frustration

A legal doctrine which releases both parties from their contractual obligations due to unexpected events that render the contract impossible to fulfill.

Prize Horse

A highly valued or award-winning horse often recognized in competitive events or breeding.

Local Theatre

A venue within a community that hosts live performances, including plays, musicals, and other stage productions.