When Did Justices of the Peace Replace Shire-Reeves

question 178

Multiple Choice

When did justices of the peace replace shire-reeves?

• A)1236
• B)1326
• C)1426
• D)1526

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Definitions:

Current Assets

Assets on a company's balance sheet that are expected to be converted into cash, sold, or consumed within a year or the business's operating cycle, whichever is longer.

Current Liabilities

Short-term financial obligations that are due within one year, indicating the amount a company owes its creditors and others.

Acid Test

A rigorous and conclusive test to prove the effectiveness or value of something, often related to financial solvency.

Debt Ratio

A financial ratio that measures the extent of a company's leverage, represented by the proportion of its total debt to its total assets.