How did the court rule on each of the three claims: Breach of Oral Contract, Breach of Duty of Good Faith and Fair Dealing, and Fraud in the Inducement? How do state laws affect this decision? Recall the WPH standards for Business Ethics. Although the court would have ruled in favor of BB&T by a matter of law, was the way BB&T acted ethical?

Explain whether each of the following events increases or decreases the money supply. a. the fed buys bonds in open-market operations. b. the fed reduces the reserve requirement. c. the fed increases the interest rate it pays on reserves. d. citibank repays a loan it had previously taken from the fed. e. after a rash of pickpocketing, people decide to hold less currency. f. fearful of bank runs, bankers decide to hold more excess reserves. g. the fomc increases its target for the federal funds rate.