Common Law Refers to

question 5

Multiple Choice

Common law refers to

• A)law that is the same or similar in all the states.
• B)law made when judges decide cases and then follow those decisions in later cases.
• C)law made by legislatures in the form of statutes.
• D)the legal systems of France,Germany,and Italy.

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Definitions:

Value-Weighted Index

An stock index in which each component is weighted according to its market value.

Price-Weighted Index

A stock market index in which each company's stock is included in proportion to its share price, meaning higher-priced stocks have more influence on the index's performance.

Stocks

Financial instruments that represent an ownership share in a corporation, entitling the holder to a proportion of the company's assets and profits, usually traded on stock exchanges.

Outstanding

Outstanding, particularly in context to shares, refers to the total number of shares of a corporation that have been issued and are held by investors, including restricted shares.