Which of the Following Is True of the American Realist

question 62

Multiple Choice

Which of the following is true of the American realist school of law?

• A) It sees law as part of society and a means of enforcing political and social values.
• B) It says that judges and legislators should use an inventory of community interests to familiarize themselves with the community's standards and mores.
• C) It believes that morality is important to determine whether discrimination exists when a business pays workers differently on the basis of their sex, race, religion, or ethnic origin.
• D) It is the same as the sociological school because it focuses on the larger community to determine the meaning of law.

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Definitions:

Shares

Shares represent units of ownership interest in a corporation or financial asset, providing a proportionate claim on its assets and profits.

Geometric Return

The average rate of return per period on an investment, calculated by taking the nth root of the total compounded return, where n is the number of periods.

Investment

The method of apportioning capital with the expectation of financial returns or earnings.

Standard Deviation

A statistical measure that quantifies the variability or dispersion of a set of data points or returns of an investment.