Which of the Following Statements Is True of the Contract

question 80

Multiple Choice

Which of the following statements is true of the contract clause?

• A) It applies to the federal government.
• B) It allows a state to impose new prices on existing contracts.
• C) It prohibits the federal government from contracting with a state government.
• D) It does not restrict the federal government's power to impact contractual relationships.
• E) It allows a state to enact laws even if they impact rights under existing contracts.

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Definitions:

Economic Well-Being

The state of having financial health and stability, access to essential services, and the ability to meet personal and familial needs.

Interpersonal Reason

The capacity and process to think about and understand the reasons behind other people's behaviors and actions within social contexts.

Social Class

A categorization within society determined by social and economic levels.

FICA-OASDI

The Federal Insurance Contributions Act Old-Age, Survivors, and Disability Insurance program, which funds Social Security and is paid for by payroll taxes.