The Freedom of People to Decide Where They Want to Work

question 158

Multiple Choice

The freedom of people to decide where they want to work and live, and what they want to buy or sell are basic capitalist rights under:

• A)Eminent Domain.
• B)Freedom of expression.
• C)Freedom of choice.
• D)Freedom of competition.

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Definitions:

Parol Evidence Rule

A legal principle that prevents parties in a dispute from presenting evidence of prior or contemporaneous agreements that contradict or modify the written terms of a final contract.

UCC 2-301

A provision under the Uniform Commercial Code (UCC) that emphasizes the importance of good faith in the performance or enforcement of contracts covered by the UCC.

Obligor

The party in a contractual agreement who is bound to provide a benefit or payment to another.

Assignment

A contracting party’s transfer of his or her rights to a contract to a third party.