Match the Term with the Definition

question 14

Multiple Choice

Match the term with the definition.
-Reagan administration scandal that involved the sale of arms to Iran in exchange for its efforts to secure the release of hostages held in Lebanon and the redirection of the proceeds of those sales to the Nicaraguan Contras.

• A)Camp David accords
• B)Economic Recovery Tax Act
• C)Equal Rights Amendment (ERA)
• D)intermediate-range nuclear forces (INF)agreement
• E)Iran-Contra scandal
• F)Iran hostage crisis
• G)National Energy Act of 1978
• H)New (Christian)Right
• I)Panama Canal treaty
• J)Strategic Defense Initiative (SDI)
• K)supply-side economics
• L)Watergate

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Definitions:

Market Value

The current price at which an asset or service can be bought or sold in a marketplace.

Minor

Legally refers to an individual who is below the age of majority, and thus, has limited legal rights and responsibilities.

Avoid The Contract

The act of declaring a contract null and void, meaning it is treated as if it never existed due to breaches or violations of terms.

Ratification

The act of accepting and giving legal force to an obligation that previously was not enforceable.