In terms of the number of contracts as well as the dollar volume, what kind of contract constitutes the largest class of contracts in our economic system?

The correct answer is The Sale of Goods.

Explanation:

The sale of goods constitutes the action by which furniture and real estate, securities and securities are disposed of at a certain price.

For legal purposes, the sale originates through a contract known as a sale, under which a good or service is transferred to a foreign domain for a previously agreed price.

The contract of sale is composed of personal, real and formal elements in order to establish the parties and their obligations and indicate the price and characteristics of the good or service for sale, which is why it is determined as a bilateral contract.

answer; is usually (less than) the socially optimal level of consumption;

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"we first find value of tax in dollars.

the difference between the two prices   is: 23. 54 - 22 = 1.54

therefore the sales tax in dollars is 1.54

the tax % will be   (amount of tax / original cost price ) × 100

(1.54 / 22) × 100  → (0.07) × 100 =   7

so the tax rate is 7%

we can double check the answer.

7 % of 22   → (7/100) × 22 → 0.07 × 22 = 1.54

22 + 1.54 = 23.54"