The University of Excellence Has Decided That It Wants to Only

question 39

Multiple Choice

The University of Excellence has decided that it wants to only accept cash payments for tuition. Its current contract states that payment may be made by cash, cheque or credit card. How can it amend the contract?

• A) Amend the payment clause to state that payment may be made by cash.
• B) Amend the payment clause to state that payment by cheque or credit card will not be accepted.
• C) The payment clause can be deleted.
• D) The clause must be amended to reflect the payment of cash and not by cheque or credit card.
• E) The clause must be amended to reflect the payment of cash and not by cheque or credit card or the clause may be deleted.

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Definitions:

Policymakers

Individuals or groups responsible for making decisions and guidelines that affect the public policies of a nation.

Skepticism

The attitude of doubting the truth of something, such as claims, statements, or the validity of certain beliefs.

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A significant decline in economic activity spread across the economy, lasting more than a few months, during the late 2000s, which was severe in many countries.

Government Expenditures

The total amount of money spent by the government in a given period, including spending on goods and services, social programs, and public projects.