Which of the Following Characteristics Differentiates a Civil Law System

question 40

Multiple Choice

Which of the following characteristics differentiates a civil law system from common law:

• A) civil law systems are inquisitorial rather than adversarial
• B) civil law is code-based rather than case-based
• C) civil law is influenced more by academic experts than by practicing lawyers
• D) all of the other specific choices are correct
• E) none of the other specific choices are correct

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Definitions:

Purchase

The act of acquiring goods or services in exchange for money, signifying a transaction between two parties.

Share Issue

The process by which a company distributes its shares to investors, thereby raising capital.

Consolidated Net Income

The aggregate amount of net income earned by a parent company and its subsidiaries, after tax and interest, presented in a single figure.

Unrealized Intercompany Profits

Profits that arise from transactions between entities within the same group, not yet realized until sold to an external party.