Spirit Importers imports beverages into the United States from various foreign countries. XYZ Liquor is a Texas company that purchases much of its stock from Spirit. The two contract for Spint to provide XYZ with rum from Venezuela. To encourage the government of Venezuela to end human rights abuses, President Thump issues sanctions against Venezuela, Including a prohibition on the import into the U. S. of Venezuelan rum. Because the sanctions make Spinit's performance of its part of the contract llegal, the contract is A. Void, so no court will enforce it B. Voidable, so a court will not enforce it at Spirit's option C. Valid, so Spirit must perform or be subject to pay damages to XYz D. None of the above

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The business cycle is the periodic but irregular up-and-down movement in economic activity, measured by fluctuations in real gross domestic product (gdp) and other macroeconomic variables. a business cycle is typically characterized by four phases—recession, recovery, growth, and decline—that repeat themselves over time. economists note, however, that complete business cycles vary in length. the duration of business cycles can be anywhere from about two to twelve years, with most cycles averaging six years in length. some business analysts use the business cycle model and terminology to study and explain fluctuations in business inventory and other individual elements of corporate operations. but the term "business cycle" is still primarily associated with larger (industry-wide, regional, national, or even international) business trends.