The Principal Result of the Rising Value of the U

question 73

Multiple Choice

The principal result of the rising value of the U.S.dollar in the mid-1990s was the

• A)lower foreign inflation.
• B)lower U.S.interest rates.
• C)opportunities for currency speculation.
• D)attractive investments in U.S.technology.

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Definitions:

Lease Contract

A legal agreement in which one party grants another party the right to use a property or equipment for a specified period in exchange for payment.

Merchant

A person or corporation involved in the trade of offering products or services for sale.

UCC

The Uniform Commercial Code comprises a complete framework of rules that dictate the conduct of all commercial transactions within the United States.

Rescission

The termination of a contract.