Define and distinguish code-based and non-code-based legal systems
Code-based systems rely heavily on codes rather than court decisions to cover all situations that may occur. France, Germany, and Spain are three examples of code-based legal systems. Non-code-based systems, such as the United States and England, rely on a set a general rules (such as a constitution) and the specifics are dealt with by precedents, tradition and customs of the country.
You might also like to view...
Camp Corporation purchased 8,000 shares of Tent Corporation common stock for $80 per share on January 1, 2014. Tent reported net income of $220,000 for 2014 and paid dividends of $90,000 during 2014. As of December 31, 2014, the market value of Tent Corporation common stock was $80 per share. Assuming the shares owned by Camp represent 30 percent of the total outstanding stock of Tent, the entry
to record the recognition of income by Camp Corporation is: A) Cash 66,000 Dividend Income 66,000 B) Investment in Tent Corporation 220,000 Income, Tent Corporation Investment 220,000 C) Investment in Tent Corporation 66,000 Income, Tent Corporation Investment 66,000 D) Investment in Camp Corporation 66,000 Cash 66,000
The financial institution upon which a check is written is the payee of a check
Indicate whether the statement is true or false
Relationships with former colleagues will change after a member of the team is promoted to team leader.
a. True b. False
In developing an interval estimate, if the population standard deviation is unknown,
A. it is impossible to develop the interval estimate. B. the standard deviation is arrived at using the range. C. the sample standard deviation must be used. D. it is assumed that the population standard deviation is 1.