________ Outlines the Historical Laws and the Procedures That Were

question 10

Multiple Choice

________ outlines the historical laws and the procedures that were followed by merchants in commercial transactions.

• A)Contract law
• B)Commercial law
• C)Trade law
• D)Lex mercatoria

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Definitions:

Capitalist Development

refers to the process of economic growth and change within societies that emphasize private ownership and market competition.

Buddhism

A spiritual tradition and religion based on the teachings of Buddha, focusing on personal spiritual development and attainment of deep insight into the true nature of life.

Confucianism

A philosophical and ethical system based on the teachings of Confucius, emphasizing morality, family loyalty, and the importance of social harmony.

Secularization Thesis

Says that religious institutions, actions, and consciousness are on the decline worldwide.