Author Question: A force majeure clause protects parties to a contract from being responsible for a rapid change in ... (Read 158 times)

Alainaaa8 · **on:** Jun 24, 2018

A force majeure clause protects parties to a contract from being responsible for a rapid change in the value of a currency in an international contract.
a. True
b. False
Indicate whether the statement is true or false

Question 2

A trade regulation rule issued by the FTC that applies to a specific business practice sets a standard:
a. that everyone in the industry must follow or be subject to criminal conviction
b. for certain practices that are thought to be especially susceptible to deceptive acts c. after a violation is proven the FTC can close down the violator's business
d. is voluntary but provides quality guidance for the industry
e. must be agreed upon by a majority of the members of the industry to become law