What Was the Key Reason for the Creation of Law

question 63

Multiple Choice

What was the key reason for the creation of law courts during the early development of the English common law?

• A)to administer law in a uniform manner
• B)to help merchants form a standardized set of commercial laws
• C)to increase the power of the king in law-making
• D)to facilitate legal disputes for the wealthy and influential

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Definitions:

Days' Sales in Inventory

A financial metric calculating the average number of days a company holds inventory before selling it, reflecting inventory management efficiency.

Dividend Yield

The financial ratio that shows how much a company pays out in dividends each year relative to its stock price.

Total Asset Turnover

A financial ratio that measures a company’s ability to generate sales from its assets by comparing net sales with average total assets.

Inventory Turnover

A ratio showing how many times a company has sold and replaced inventory over a certain period of time, indicating the efficiency of inventory management.