Which of the Following Generates a Supply of U

question 106

Multiple Choice

Which of the following generates a supply of U.S.dollars?

• A)The demand for U.S.exports to foreign countries.
• B)Foreign tourists visiting the United States.
• C)The construction of a plant abroad by a U.S.corporation.
• D)Chinese buyers of American aircraft.

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Definitions:

Objective Impossibility

A situation where the fulfillment of a contract is literally impossible due to circumstances beyond the control of the involved parties.

Subjective Impossibility

A situation where a party to a contract feels personally unable to perform their obligations, but the performance may still be possible by someone else.

Commercial Impracticability

A legal doctrine allowing parties to suspend or terminate their contractual obligations when unexpected events fundamentally alter the nature of the contract and performance becomes unfeasibly burdensome.

Substantial Performance

A concept in contract law where a party has completed enough of the contract to warrant payment, though some minor elements may still need to be finished.