Examlex
Which of the following is correct regarding the English courts of equity?
Hard Money
Referred to gold and silver currency—also called specie.
Specie
Coins made from precious metal and used as a medium of exchange; distinct from paper currency.
Panic of 1837
A financial crisis in the United States that led to a major recession lasting until the mid-1840s, triggered by a speculative fever and failure of banks.
Alexis de Tocqueville
A French political thinker and historian best known for his works "Democracy in America," examining the democratic revolution that he believed had been occurring over the previous several hundred years.
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