The Anglo-American System of Uncodified Law, in Which Judges Follow

question 11

Multiple Choice

The Anglo-American system of uncodified law, in which judges follow precedents set by earlier decisions when they decide for new but similar cases, is ______ law.

• A)written
• B)statute
• C)common
• D)case

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Definitions:

Household Income

The combined gross income of all members of a household.

Gini Ratio

A statistical measure used to represent the income or wealth distribution of a nation's residents, indicating economic inequality.

Highest Quintile

The top 20 percent segment of a population sorted by income, wealth, or another metric.

Total Income

The accumulation of all sources of revenue, including wages, salaries, interest, dividends, and other earnings.