In 2007, the Value of the U.S.dollar

question 173

Multiple Choice

In 2007, the value of the U.S.dollar

• A)increased relative to the euro.
• B)decreased relative to the euro.
• C)remained stable relative to the euro.
• D)was equal to the value of the euro.

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Definitions:

Legal Positivists

A school of thought in jurisprudence that holds the belief that the validity of a law is not related to its morality but is contingent upon its sources and recognition by the state.

Validly Enacted Laws

Laws that have been properly passed and approved by the legislative process, and are therefore legally binding.

Just Law

A legal principle or legislation that is regarded as fair, morally right, and in accordance with ethical standards.

Equitable Remedy

A corrective action ordered by a court that involves doing or refraining from doing something, as opposed to paying damages, to address a legal wrong or a breach of contract.