Which of the Following Promises Ordinarily Must Be in Writing

question 41

Multiple Choice

Which of the following promises ordinarily must be in writing to be enforceable?

• A) Promises made as a part of a prenuptial agreement.
• B) The agreement to sell a car for $1500.
• C) The promise by an executor of an estate to pay a debt of the decedent.
• D) All of the above.

Identify the effects of aggregate demand and supply shocks on the economy.

Comprehend the concept of monetary neutrality and its long-term implications.

Analyze the influence of government policies on the natural rate of unemployment.

Understand the significance of the classical dichotomy and its relevance to contemporary economic policy.

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Definitions:

Tournament Game

A competition involving a series of games or rounds, where the outcome determines the advancement to subsequent rounds.

Effortful Processing

A type of information processing that requires attention and conscious effort in order to encode or remember information.

Mental Image

A representation of sensory information in the mind, which is not currently being perceived, such as visualizing an object, sound, or situation.

Street Corner

Literally, the point at which two streets meet; often used to denote a specific location within an urban area.