Which of the Following Is Not a Primary Source of Law

question 109

Multiple Choice

Which of the following is not a primary source of law?

• A)Common law doctrines
• B)Case law
• C)The U.S.Constitution
• D)Treaties
• E)None of these choices are correct

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Definitions:

Assets

Economic resources owned by a business or individual that are expected to bring future benefits.

Liabilities

Monetary liabilities or dues that a company or person has to pay back to lenders.

Equity

The value that would be returned to a company's shareholders if all of the assets were liquidated and all of the debts were paid off.

Financial Statements

Formal records of the financial activities and position of a business, person, or other entity.