In 2008,US

question 85

Multiple Choice

In 2008,U.S.governments (local,state,and federal) employed approximately how many million workers?

• A) 9.2
• B) 13.0
• C) 19.4
• D) 22.5

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Definitions:

Bankruptcy

A legal procedure for dealing with debt problems of individuals and businesses; officially declared inability to pay outstanding debts.

Promissory Estoppel

A legal principle that prevents a promisor from denying a promise when the promisee relies on it to their detriment.

Consideration

A fundamental concept in contract law that refers to something of value (such as money, a promise, or an act) exchanged between parties as part of a contract.

Bargained-For Exchange

A mutual agreement between parties in which each promises to give something in exchange for a benefit.