Which of the following,in the context of contracts,means to terminate the contract as to future transactions or to annul the contract from the beginning?

A) Acquiescence
B) Rescind
C) Ratification
D) Assertion

Economists disagree on whether labor taxes have a small or large deadweight loss.

The agreement entered into between Sean and the bank is called what?

A) A suretyship
B) A guaranty
C) A certified agreement
D) An acknowledged agreement
E) An executory promise

Analynd issues a note to Baliee indicating a specified date of payment in which to pay the note. This is an example of a(n) ________ instrument.

A) time
B) demand
C) recourse
D) draft
E) intermediary