Fiat money is:

a. representative full-bodied money
b. full-bodied money
c. legal tender proclaimed to be money by law
d. all of the above

Ans: c. legal tender proclaimed to be money by law

Business

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A seller can recover lost profits in a case where damages measured by the difference between contract price and market price would not put the seller in the same position as the performance of the contract would have

Indicate whether the statement is true or false

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Which of the following topics is covered under the "other terms" of a franchise agreement?

A) the franchisor's right to make periodic inspections of the franchisee's premises B) the duration of training programs either on site or at the franchisor's training facilities C) the restrictions on use of the franchisor's trade name D) the claim or controversy arising from the franchise agreement or an alleged breach

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