Gliding Light, LLC, and Hang Gliders, Inc, are parties to a contract. They subse-quently agree that High Riders Inc should take Gliding Light's place and assume all of its rights and duties under the contract. This is
A) an agreement to rescind

B) an accord and satisfaction.
C) a novation.
D) a settlement agreement.


C

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1. Power that states when a state passes a law that conflicts with the Constitution, the U.S. Supreme Court has the power to declare that state law unconstitutional and unenforceable a. Article I, Section 8
2. Power granted to Congress to coin and regulate money b. Article I, Section 10
3. Power granted to Congress to establish rules for naturalization and bankruptcy c. Supremacy Clause
4. Power granted to Congress to regulateforeign and interstate commerce d. Tenth Amendment
5. Prohibits states from passing ex post facto laws
6. Powers not delegated to the United States by the Constitution, nor prohibited by it to the States, are reserved to the States respectively, or to the people
7. Power granted to Congress to establish copyright and patent protections
8. Power granted to Congress to collect taxes
9. Power granted to Congress to borrow money
10. Power granted to Congress to maintain a navy

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Which of the following statements is true of the North American Free Trade Agreement (NAFTA)?

A) It allows a member country to reimpose tariffs if imports are hurting that country's economy or its workers. B) It disallows any special protection being extended to specific industries. C) It disallows NAFTA members from trading with other countries unless a unanimous vote is obtained. D) It has been hailed by economists to be a perfect example of a free trade pact.

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_________ are either individuals or members of a larger group of outsider attackers who are motivated by social or political causes

A. State-sponsored organizations B. Activists C. Cyber criminals D. Others

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The First State Bank is located in Guyman which is in the middle of the wheat country of Oklahoma and as a result many of its loans are agriculture loans. What factor determining the growth and mix of loans does this fact reflect?

A. Characteristics of the market area B. Lender size C. The experience and expertise of management D. The written loan policy of the bank E. Bank regulations

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