Examlex
Match the following:
a.Person who files a lawsuit in a trial court.b.Part of private law dealing with rights and duties of individuals among themselves.c.A system of law based upon Roman law which depends upon comprehensive legislative enactments and the inquisitorial system of determining disputes.d.A system of law first developed in England that relies on the judiciary as a source of law and on the adversary system for settling disputes.e.Theory that actions must be judged by their motives and means as well as their results.f.The law establishing duties which,if violated,constitute a wrong against the entire community.g.Person against whom a lawsuit is brought.h.A body of law based upon principles distinct from common law and providing remedies not available at common law.i.A court order requiring a party to do or refrain from doing a specified act.j.A general legal principle formulated by equity courts.k.Theory which seeks to analyze the type of society that people in a "natural state" would establish if they could not determine in advance whether they would be talented,rich,healthy,or ambitious relative to other members of society.l.Rules for enforcing legal rights and duties.m.Theory under which individuals look to a central authority to guide their decisions.n.An equitable remedy rewriting a contract to conform to the original intent of the parties.o.An equitable remedy invalidating a contract by setting it aside.p.Theory that moral actions are those that produce the greatest net pleasure compared with net pain.q.A court order directing a party to perform a contractual duty.r.The principle found in common law systems that requires courts to apply rules decided by that or a superior court in prior,substantially similar cases.s.Basic law that creates,defines,and regulates legal rights and duties.t.Means by which the law enforces court decisions.
-rescission
Functional Currency
Functional currency is the currency of the primary economic environment in which an entity operates, and in which its financial statements are prepared.
Functional Currency
The main currency used by a business or unit in its day-to-day operations.
Exchange Rate
The price at which one currency can be exchanged for another, often fluctuating based on market conditions.
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