If a New Law of General Application Indirectly Affects a Government

question 2

Multiple Choice

If a new law of general application indirectly affects a government contract,making the government's performance impossible,the _____ will protect the government in a subsequent suit for breach of contract.

• A) sovereign acts doctrine
• B) discretionary acts doctrine
• C) ministerial acts theory
• D) legislatively enacted principle

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Definitions:

T-Bond Yield

The annual return investors earn on U.S. Treasury bonds, which is a benchmark for long-term interest rates.

Federal Funds Rate

The interest rate at which banks lend reserve balances to other banks overnight, determined by the Federal Reserve.

Top-Down Analysis

An investment strategy that starts with macroeconomic analysis to identify promising sectors or industries before selecting specific stocks.

Global Economy

This term refers to the interconnected worldwide economic activities that influence the production, distribution, and consumption of goods and services.