An Index Number Is Used to

question 24

Multiple Choice

An index number is used to

• A)compare the same variable in two different situations.
• B)compare two different variables in two different situations.
• C)designate a specific value for further reference.
• D)compare two different variables in the same situation.
• E)measure the absolute value of a variable.

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Definitions:

Uniform Commercial Code

A standardized set of laws and regulations that govern commercial transactions in the United States.

United Nations Convention

An international treaty or agreement formulated under the auspices of the United Nations, aimed at regulating issues of global concern.

Case Law

The collection of legal interpretations made by judges. They are considered to be law unless otherwise revoked by a statutory law. Also known as common law.

Quasi-contract

An obligation imposed by law to prevent unjust enrichment, where there is no actual contract between the parties.