A Well-Known Contemporary Example of a Legally Binding Compact Between

question 87

Multiple Choice

A well-known contemporary example of a legally binding compact between two states is the

• A)North Atlantic Treaty Organization.
• B)North American Free Trade Agreement.
• C)Port Authority of New York & New Jersey.
• D)Dallas/Fort Worth Metroplex Chamber of Commerce.

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Definitions:

Offer Termination

the revocation, rejection, or expiration of a proposal before it is accepted, which effectively ends the offer and prevents it from becoming a binding contract.

Uniform Commercial Code

A standardized set of laws and regulations that govern commercial transactions in the United States.

United Nations Convention

An international treaty or agreement formulated under the auspices of the United Nations, aimed at regulating issues of global concern.

Case Law

The collection of legal interpretations made by judges. They are considered to be law unless otherwise revoked by a statutory law. Also known as common law.