The Medieval University's System of Moving from Degree to Degree

question 13

Multiple Choice

The medieval university's system of moving from degree to degree by demonstrating mastery most closely resembled what other system?

• A)a guild of craftsmen
• B)the ranks of Catholic clergy
• C)ranks in feudal society
• D)town government
• E)an ancient Greek school

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Definitions:

Regulatory Environment

Comprises laws, regulations, and governmental guidelines that govern the operation of businesses and industries.

Political Environment

Refers to the impact of government actions, stability, policies, and regulations on an organization's operations.

Equilibrium Price

The price at which the number of products that businesses are willing to supply equals the amount of products that consumers are willing to buy at a specific point in time.