Modern Law Differs from Medieval Law Primarily Because

question 14

Multiple Choice

Modern law differs from medieval law primarily because

• A)medieval law was solely an oral tradition.
• B)modern has an impersonal, objective quality; medieval law tended to be personal.
• C)medieval law was strongly influence by Roman law; modern law is not.
• D)medieval law was made by those in authority; modern law is made directly by the people.
• E)modern law is seen as eternal and unchanging; medieval law changed frequently.

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Definitions:

Fringe Benefits

Additional benefits offered to employees on top of their salaries, such as health insurance, retirement plans, and paid vacation.

Labor Market

The supply and demand for labor, where employees provide the labor, and employers provide the jobs.

Equilibrium

A condition where the supply and demand in the market are equal, leading to stable prices.

Marginal Product

The additional output that can be produced by adding one more unit of a specific input, holding all other inputs constant.