What Is the Difference Between a System of Courts in a Unitary

question 34

Multiple Choice

What is the difference between a system of courts in a unitary state and a system of courts in a federal state?

• A) The court system in a unitary state is much more efficient than that in a federal state.
• B) Unitary states have a single set of laws and a single system of courts administering justice, while federal states do not.
• C) Unitary states have two tiers of courts, while federal states do not.
• D) Unitary states have deviated from the British Parliamentary tradition since the Reform Act of 1883, while federal states have remained constant.

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Definitions:

Economic Performance Approach

An accounting method where income and expenses are recorded when the service is provided or consumed, rather than when payment is made.

Commercial and Tax Law Approach

The study of laws related to commercial transactions and taxation, focusing on how they influence business operations and financial practices.

Auditing Standards

Rules and guidelines that auditors are required to follow when conducting audits of companies’ financial statements, ensuring consistency, reliability, and integrity in the audit process.

Financial Statements

Formal records of the financial activities and position of a business, individual, or other entity, including the balance sheet, income statement, and cash flow statement.