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.
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
Section: Chapter Questions
Problem 29P: The prime interest rate is the rate that banks charge their best customers. Based on the nominal...
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May the
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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