Due to the Implementation of the Troubled Asset Relief Program

question 17

Multiple Choice

Due to the implementation of the Troubled Asset Relief Program and the American Recovery and Reinvestment Act,the Federal budget deficit _____.

• A)doubled
• B)tripled
• C)stayed the same
• D)decreased significantly
• E)quadrupled

---

Definitions:

Express Contracts

Agreements formed by explicit written or spoken language, precisely stating the terms and conditions of the contract.

Assignment

The movement of responsibilities, assets, or rights from one party to a different one.

Delegation

The act of assigning responsibility or authority from one person to another to perform specific activities or tasks.

Restatement

A restatement is a legal document that methodically revises, clarifies, and simplifies the law or legal principles without introducing new law, often used by courts for reference.