Assume That the Number of People Wanting to Buy Houses

question 90

Multiple Choice

Assume that the number of people wanting to buy houses in your locality increases sharply.This will cause the price of houses to increase,which is an example of _____.

• A)demand-pull inflation
• B)cost-push inflation
• C)supply-side deflation
• D)credit deflation

Identify the conditions under which contracts can be voided due to illegality or inability to enforce.

Grasp the concept of restraint of trade and how it applies to contract agreements.

Understand the implications of not having a written agreement and how courts handle unenforceable contracts.

Grasp the principles behind the requirement of writing for certain contracts and the exceptions to this requirement.

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