Examlex
Which of the following is a tool that is used by the Fed to control the quantity of money?
Promissory Estoppel
A legal principle that prevents a party from reneging on a promise when the other party has reasonably relied on that promise to their detriment.
Administration of Justice
The process by which a legal system operates and enforces laws, ensuring fairness and resolving disputes.
Exculpatory Clause
A provision in a contract that absolves one party of liability for damages or losses arising under the agreement.
Legally Enforceable
Referring to agreements or obligations that have the backing of and can be upheld by law.
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