English and Yankee Are the Two Major Types of Double

question 73

True/False

English and Yankee are the two major types of double auctions.

---

Definitions:

Common Law

A body of unwritten laws based on legal precedents established by the courts, influencing and governing the decision-making process in novel cases.

State Law

Laws that are established and enforced by the individual U.S. states.

Contract Law

Refers to the body of law that regulates the formation, enforcement, and interpretation of agreements between parties.

Criminal Law

The body of law that relates to crimes and prescribes the punishments for criminal acts.