Identify from the Following the Correct Statement on Civil Law

question 16

Multiple Choice

Identify from the following the correct statement on civil law.

• A)It comes from English law and is found in nonsocialist countries
• B)It is to be found in countries of Central Asia
• C)It is derived from Roman law and is found in nonsocialist countries such as France
• D)It is the foundation of the legal system in the United States, Canada, England, Australia, New Zealand and other nations

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Definitions:

S&P 500 Index Futures

Agreements that enable investors to forecast and protect against fluctuations in the market by speculating on the future worth of the S&P 500 index.

Long Position

Holding an asset with the expectation that its value will increase over time, intending to sell it at a higher price.

Pork Bellies Futures Contract

A standardized agreement to buy or sell pork bellies at a future date, used as a financial instrument in commodity markets.

Expiration

The predetermined date on which an options or futures contract becomes void and ceases to trade.