Which of the following statements describes frustration of purpose?
a. It corresponds to commercial impracticability.
b. It may constitute an excuse for nonperformance.
c. It constitutes a breach of contract by the seller.
d. It corresponds to an objective impossibility of performance.
b
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Answer the questions below. a.Suppose (real) output is thought to be 2 percent above potential with an inflation rate of 3 percent over the past year. The weights on the output gap and inflation gap are each 1/2. The inflation target is 1 percent. If you are sure that the equilibrium real federal funds rate is 3 percent, what is the Fed's setting for the federal funds rate, according to the Taylor rule? b.If you are sure that the equilibrium real federal funds rate is 2 percent, what is the Fed's setting for the federal funds rate, according to the Taylor rule?
What will be an ideal response?
The recipe calls for three ________ of vanilla extract
A) spoon fulls B) spoonsful C) spoonfuls D) spoonsfuls
Punitive damages are found
A. throughout legal systems based on common law. B. in the U.S., EU, and Asia. C. in both secular and religious-based legal systems. D. only in the U.S.
A program designed to ensure that jobs of equal value to an organization are paid the same regardless of external labor markets