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Which of the following was the result in Thrifty Rent-A-Car System v. South Florida Transport, the case in the text in which in response to a claim for amounts due on a franchise agreement involving the rental of vehicles, the defendant claimed that hurricanes had rendered its rental car business commercially impracticable?
Government Spending
Expenditures by the government sector on goods and services, including salaries of public servants, public investments, and social benefits.
Great Recession
A severe global economic downturn that took place from late 2007 through mid-2009.
Regressive Tax
A tax system where the tax rate decreases as the taxable amount increases, placing a higher relative burden on low-income earners compared to high-income earners.
Social Security Benefits
Social Security Benefits are payments made to eligible individuals, including retirees, disabled persons, and survivors, funded by social security taxes.
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