In Civil Law, Attorneys Instead Base Their Arguments, and Judges

question 32

Multiple Choice

In civil law, attorneys instead base their arguments, and judges base their decisions, on:

• A) Precise statutes
• B) Common law and on the particular circumstances of each case
• C) A specific listing of all possible harms addressed in tort law
• D) All of the above

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Definitions:

Installment Note

A loan that requires regular payments, or installments, which cover both principal and interest over a set period of time.

Journal Entries

Records of financial transactions in the accounting system, ensuring each transaction is accurately logged.

Interest

The charge for borrowing money or the income earned on deposited funds.

Payments

Monies that are paid out or are to be paid out by one party to another as compensation for goods or services, or as repayment of an obligation.