The main legal systems of the world are:
a. civil law, common law and US law.
b. civil law, Islamic law and common law.
c. common law, civil law and Chinese law.
d. common law, civil law and international law.
b
Business
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Financial institutions and markets are the organized financial intermediaries and the forums that promote the cycle of money
Indicate whether the statement is true or false.
Business
Float is important in the cash conversion cycle of a firm because ________
A) its presence reduces a firm's average collection period B) its presence reduces a firm's average payment period C) its presence lengthens both a firm's average collection period and its average payment period D) its presence reduces the investment that a firm must make in its cash conversion cycle
Business