Solomon Filed a Complaint That Stated: "I Went Over to My

question 56

Multiple Choice

Solomon filed a complaint that stated: "I went over to my neighbor Dominquez's house and he refused to let me borrow his hedge trimmer. A possible buyer of my house came over that evening and, when she saw my untrimmed hedges, lost interest in the house. I demand $2,000 from Dominquez, because he would not let me use his hedge trimmer and because of his refusal I did not sell my house." Dominquez's attorney should

• A)try and settle the case for something less than $2,000.
• B)file a motion to dismiss (demurrer).
• C)file an answer to Solomon's complaint.
• D)file a cross-complaint for $2,500 in damages.

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Definitions:

Money Multiplier

The multiple by which the money supply changes as a result of a change in fresh reserves in the banking system.

Money-Creation Process

The procedure through which the banking system generates money by issuing loans greater than the amount of reserves it holds.

M1

The measure of a country's money supply that includes physical currency and coin, demand deposits, traveler's checks, and other checkable deposits.

Bank Vaults

Secure rooms or compartments within banks where valuables, including money, documents, and other assets, are stored for protection against theft and fire.