Characteristics of the Current Economic Segment Include All of the Following

question 13

Multiple Choice

Characteristics of the current economic segment include all of the following EXCEPT

• A) general uncertainty.
• B) a clear understanding of future economic opportunities and threats.
• C) inability of economists to provide valid and reliable predictions.
• D) an expanding economy in Vietnam.

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Definitions:

Worthless Cheque

A cheque that cannot be processed because the account it is drawn on does not have sufficient funds.

Innocent Purchaser

An individual who buys property without knowledge of any existing claims, liens, or encumbrances against it.

Consideration

The worth, including currency, services, or items, that is traded between entities in an agreement.

Contract Void

A contract void is a contract that is deemed legally nonexistent and unenforceable from the outset, due to illegality or other serious defects.