While Traveling in the U

question 54

Multiple Choice

While traveling in the U.S., Joey bought some items at Payless Drug Store. The store refused to take in payment either Joey's Canadian currency or his personal cheque-saying they wanted U.S. cash or a major Bankcard. Here we have a contractual issue of

• A) exchange rates and value of currency.
• B) discrimination against Canadians.
• C) tender of performance.
• D) payment using credit.
• E) discharge by performance.

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Definitions:

American Recovery

A reference to the efforts, policies, and programs aimed at recovering from economic downturns in the United States, like the response to the 2008 financial crisis.

Discretionary Fiscal Policy

Government policy that involves changing tax rates and levels of government spending to influence the economy.

Reinvestment Act

A law enacted to reallocate or invest funds into sectors or projects deemed necessary for economic recovery or development.

Government Spending

The total amount of public funds that a government expends on its programs, services, and investments.