Which of the Following Statements Best Describes the Law Merchant

question 137

Multiple Choice

Which of the following statements best describes the law merchant?

• A) The law merchant is a body of law designed to control trade practices.
• B) The law merchant is a body of law created by merchant guilds, which was incorporated into the common law.
• C) The law merchant was designed to protect consumers from unscrupulous merchants.
• D) Our laws relating to consumer protection are derived from the law merchant.
• E) The law merchant is another name for the Sale of Goods Act.

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Definitions:

Placebo Group

In drug research, a group given an inert substance to assess the psychological effect of receiving a treatment.

Experimenter Expectancy Effect

The influence that the researcher's expectations can have on the outcome of a study, potentially biasing the results.

Floor Effect

Failure of a measure to detect a difference because it was too difficult.

Paper-and-pencil Questionnaire

A traditional survey method where participants respond to questions written on paper by physically marking their answers.