If Ms Anniston Transfers $1,000 from Her Checking Account to Her

question 177

Multiple Choice

If Ms. Anniston transfers $1,000 from her checking account to her money market account, then

• A) M1 falls and M2 remains the same.
• B) M1 falls and M2 rises.
• C) both M1 and M2 rise.
• D) M1 remains the same and M2 rises.

Recognize and distinguish between different types of breaches in contract law (minor, major, fundamental).

Identify the role and limitations of exemption or exclusion clauses in contracts.

Differentiate between conditions precedent and subsequent in contractual obligations.

Explain the significance of performance and tender of performance in fulfilling contractual obligations.