The Ancient ____,Or Law of Merchants,of ______ Recognized That Agreements

question 15

Multiple Choice

The ancient ____,or law of merchants,of ______ recognized that agreements could be paid for with documents that promised payment and that these documents themselves could then be circulated as a substitute for money.

• A) Lex mercatoria; England
• B) Lax trade; England
• C) Lex merchantia; France
• D) Lax merchant; Italy
• E) Lexi merchant; France

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Definitions:

Competitive Market

A market structure characterized by a large number of sellers and buyers where no single entity can dictate prices or terms.

Factual and Feeling Elements

Aspects of information or communication that contain objective truths alongside emotional or subjective responses.

Firewalls

Security systems designed to protect a network or computer from unauthorized access or cyber attacks.

Antivirus Software

Software that prevents and removes computer viruses. Such programs may also detect and remove adware and spyware.