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A contract will be discharged if foreseeable circumstances make it impossible to attain the contract's purpose.
Manhattan Island
An island at the mouth of the Hudson River in New York City, known for being the economic and administrative center of the city.
Equilibrium Price
The market price where the quantity of goods supplied is equal to the quantity of goods demanded.
Equilibrium Quantity
The amount of goods or services supplied and demanded at the equilibrium price, where supply equals demand.
September 11 Attacks
A series of coordinated terrorist attacks by the Islamic terrorist group al-Qaeda against the United States on the morning of September 11, 2001.
Q4: "Consideration" refers to the voluntary consent of
Q5: Primo Pools Company and Aquatic Recreation,Inc.,enter into
Q6: A certification mark distinguishes products approved,or "certified,"
Q9: Diners Corporation,a U.S.firm,signs a contract with Essen,A,G.,a
Q23: Cherry is injured in an accident caused
Q27: Overseas Corporation (OC),a U.S.firm,orally agrees to sell
Q30: A generic term is not protected under
Q32: OK Dry-Cleaning advertises so effectively that the
Q37: A party who knowingly accepts defective performance
Q39: Failure to present an instrument on time