What Is the Major Reason for Oil Price to Go

question 10

Multiple Choice

What is the major reason for oil price to go up in the 1970s?

• A)formation of the OPEC
• B)fast of growth of emerging economies
• C)new energy
• D)higher demand from the US

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Definitions:

Sheridan Broadcasting

A media company known for its operations in radio broadcasting, particularly in serving African American communities.

Good Faith

An honest intention to act without taking an unfair advantage over another party, often related to contractual dealings.

Honest Belief

Refers to a genuine conviction or acceptance of a fact without intention to deceive, often considered in legal contexts to determine the sincerity of a person’s actions or statements.

Liability Provision

A clause within a contract or agreement that specifies the conditions under which a party is liable for certain outcomes, damages, or losses.