A Significant Feature of the Civil Law (Code) System Is

question 22

Multiple Choice

A significant feature of the civil law (code) system is:

• A) Law made by Judges.
• B) Law based on the Roman law that developed from the code of Justinian.
• C) Adversarial based legal process.
• D) Law made by civil institutions.

---

Definitions:

Outstanding

Refers to the number of shares that are currently owned by investors, including restricted shares owned by the company's officers and insiders as well as those held by the public.

Successful Takeover

is an event where a company or entity successfully acquires control over another company, usually by purchasing a majority of its stock shares.

Shareholders

Individuals or entities that own one or more shares of stock in a public or private corporation, thus having a financial stake in its success.

Acquiring Firm

A company that takes over or purchases another company, typically to expand its business operations or enter new markets.