May the price in the contract of sale be in dollars? A. Yes. As long as the price can be converted in Philippine peso B. Yes. A price can be in legal tender or its equivalent C. No. A price must be determinate. D. No. A price must be real.

Principles of Economics 2e
2nd Edition
ISBN:9781947172364
Author:Steven A. Greenlaw; David Shapiro
Publisher:Steven A. Greenlaw; David Shapiro
Chapter19: The Macroeconomic Perspective
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May the price in the contract of sale be in dollars?

A. Yes. As long as the price can be converted in Philippine peso

B. Yes. A price can be in legal tender or its equivalent

C. No. A price must be determinate.

D. No. A price must be real.

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