In 1985, the Exchange Rate Between the U

question 47

Multiple Choice

In 1985, the exchange rate between the U.S. dollar and the Japanese yen was $1 = 262 yen; in 2003, the rate was $1 = 110 yen. Between 1985 and 2003, the

• A) dollar appreciated in value relative to the yen.
• B) yen appreciated in value relative to the dollar.
• C) dollar price of yen fell.
• D) yen price of dollars rose.

Assess the role of adequacy of consideration in contract enforcement and exceptions related to fraud.

Explain the preexisting duty rule and its exceptions, including additional work and unforeseen circumstances.

Identify the characteristics and enforceability of illusory promises in contracts.

Understand how past consideration impacts the enforceability of promises.

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Definitions:

Diagnosis

A physician’s determination of a patient’s condition, illness, or injury.

Procedure

A specific way of performing a task or a medical operation, which is designed to achieve a particular outcome.

Seventh Characters

In coding, these are additional characters used to provide more detail in diagnoses or conditions.

Late Effect

Cause-and-effect relationship between an original condition, illness, or injury and an additional problem caused by the existence of that original condition. Time is not a requirement for a diagnosis as a late effect because the additional concern may be present at any time.