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Questions and Answers
What is a feature of commercial transactions that distinguishes them from civil ones?
What is a feature of commercial transactions that distinguishes them from civil ones?
- They are always conducted in writing
- They are only conducted electronically
- They involve multiple parties
- They are swift and involve multiple transactions (correct)
What is one of the main characteristics of commercial law?
What is one of the main characteristics of commercial law?
- It is a criminal law
- It is a constitutional law
- It is a private law (correct)
- It is a public law
What is a special provision in commercial law to facilitate swift transactions?
What is a special provision in commercial law to facilitate swift transactions?
- Stricter evidence rules
- Flexibility in evidence rules (correct)
- Mandatory arbitration
- Longer judicial grace periods
Why do special rules exist in commercial law regarding credit?
Why do special rules exist in commercial law regarding credit?
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What is an example of a special rule in commercial law that meets credit requirements?
What is an example of a special rule in commercial law that meets credit requirements?
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