A breach of contract happens when
a. a party fails to perform their contractual obligations.
b. a party commits a tort.
c. a contract is voluntarily entered into for a criminal purpose.
d. a contract lacks consideration.
A
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In the aftermath of Hurricane Katrina, the principal challenge of rebuilding the city of New Orleans is to avoid piecemeal efforts and to overcome the segregation and poverty problems that existed previously
Indicate whether the statement is true or false.
Which of these statements about regulations and bureaucracy is true?
a. A large, strong bureaucracy is the best guarantee against corruption within the political system. b. The public tends to accept the necessity of large bureaucracies for effectively regulating the market. c. The potential for corruption increases with the number of regulations and the size of the bureaucracy. d. The level of regulation and the size of the bureaucracy are proportional to the power of elected officials.
One economic reason that Japan attacked Pearl Harbor in 1941 was
A) a desire for access to Hawaii as a trading post. B) an embargo that Western states had placed on Japan. C) to coerce the United States to stop protectionism. D) the Marxist doctrine urging the overthrow of capitalism. E) the ability to salvage American metal.
The United States has a two-party system which means that:
A) only two parties nominate candidates to run in general elections. B) the two major parties-the Democrats and the Republicans-dominate national politics. C) candidates must belong to one of the two major parties to run in state elections. D) all voters identify with either the Democratic Party or the Republican Party. E) third parties are not allowed to be formed in this country.