Which of the Following Statements Is True Regarding Common Law

question 32

Multiple Choice

Which of the following statements is true regarding common law?

• A)In common law countries,there are generally more statutes written into the laws.
• B)In common law countries,there is less reliance on interpretation by the courts.
• C)Because more details are written into U.S.law,the FASB has shorter and more general accounting standards than most countries.
• D)The common law system has its roots in the United Kingdom.

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