Which of the Following Statements About the History of Partnerships

question 71

Multiple Choice

Which of the following statements about the history of partnerships is false?

• A)Partnerships were known in ancient Babylonia,ancient Greece,and the Roman Empire.
• B)During the Middle Ages,much trade between nations was carried on by partnerships.
• C)The definition of a partnership in the 6th-century Justinian Code of the Roman Empire varies greatly from that in our laws today.
• D)English common law recognized the partnership by the close of the 17th century.

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Definitions:

Z-statistic

A statistical measure that quantifies the distance (in standard deviation units) a data point is from the mean of a distribution.

Two-tailed Test

A statistical test that considers both directions of an effect, testing the possibility of relationships in both positive and negative directions.

Significant

Denoting a result in statistical analysis that is likely not due to chance, thereby indicating a meaningful difference or correlation.

Z-statistic

A statistic used in hypothesis testing, calculated as the difference between a sample statistic and its hypothesized population parameter, divided by the standard error.