Abel entered into a written agreement with Burrows to buy a specific horse. In the meantime, the horse died. Under the common law, this contract was discharged by A. substantial performance. B. impossibility. C. mutual agreement. D. performance.

When the federal reserve buys bonds from or sells bonds to member banks, it is called monetary policy reserve ratio interest rate adjustment open market operations

Singer and mcmann are partners in a business. singer’s original capital was $40,000 and mcmann’s was $60,000. they agree to salaries of $12,000 and $18,000 for singer and mcmann respectively and 10% interest on original capital. if they agree to share remaining profits and losses on a 3: 2 ratio, what will mcmann’s share of the income be if the income for the year was $15,000?

Atrough in the business cycle occurs when