Which of the Following Was Initially a Code Governing Moral

question 166

Multiple Choice

Which of the following was initially a code governing moral and ethical behavior and was later extended to commercial transactions?

• A) Civil law
• B) Hindu law
• C) Common law
• D) Islamic law

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Definitions:

Direct Materials

Raw materials that can be directly linked to the production of specific goods or services.

Factory Overhead

Indirect costs associated with manufacturing, such as utilities, maintenance, and management expenses, not directly tied to production volumes.

Net Income

The profit of a company after all expenses, taxes, and costs have been deducted from total revenue, reflecting the actual earnings.

Sales Increase

The rise in the quantity or revenue of products sold by a company over a specific period.