Which of the Following Describes Conditions Explicitly Stated in the Contract

question 67

Multiple Choice

Which of the following describes conditions explicitly stated in the contract?

• A)Concurrent
• B)Implied
• C)Express
• D)Certain
• E)Conditional

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Definitions:

Countercyclical

Economic policies or measures intended to mitigate the effects of recessions by stimulating economic activity during downturns.

Destabilize

To cause a system, government, or structure to become unstable, potentially leading to disorder, chaos, or downfall.

Unemployment Rate

A measure of those in the labor force who are without employment and are searching for a job.

Tax Receipts

The revenue collected by the government through various forms of taxation.