Private Law Is Concerned with the Relationships Between Persons Within

question 43

Multiple Choice

Private law is concerned with the relationships between persons within the community.Which of the following types of law do not fall within this category?

• A)Tort law and property law
• B)Commercial law and employment law
• C)Company law and partnership law
• D)Criminal law and taxation law

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Definitions:

Purchase Price

The amount of money paid to buy something, including assets like real estate, securities, or goods.

Suggested Retail Price

The price a manufacturer recommends retailers to sell their product for to consumers.

Discount

A reduction in the price of a product or service, often to attract customers or to sell off excess stock.

Liter

A metric unit of volume equal to one cubic decimeter, used to measure the capacity of liquids and gases.