Which of the following countries are signatories to the North American Free Trade Agreement?

Which of the following countries are signatories to the North American Free Trade Agreement? 
A. United States, Canada, and Japan
B. United States, Canada, and Mexico
C. Canada, Mexico, and Great Britain
D. England, France, and Italy
E. England, France, and Spain

The North American Free Trade Agreement (NAFTA) between the United States, Canada, and Mexico is a multilateral free trade agreement.

A ____ is a free trade area with the additional feature of a common external tariff on products originating from outside the union. 
A. Customs union
B. Free trade union
C. External tariff union
D. International tariff union
E. Customs trade union

A customs union is a free trade area with the additional feature of a common external tariff on products originating outside the union.

Many ______ are derived from Roman law. 
A. Common law systems
B. Case law legal systems
C. Civil law systems
D. Socialist legal systems
E. Islamic legal systems

Many civil law systems are derived from Roman law. Other civil law systems were strongly influenced by the French Civil Code of 1804 and the German Civil Code of 1896.

Which of the following is a characteristic of civil law? 
A. Precedent is an important source of law in the civil law system.
B. Civil law systems use a system of separation of powers.
C. The civil law procedure is like the U. S. system of checks and balances.
D. In civil law systems the legislative branch has little authority.
E. Judges in civil law systems may create new law.

Civil law systems assume a separation of powers, but it is unlike the U.S. system of checks and balances. In civil law systems, the legislative branch has ultimate authority. The judicial branch interprets the code and applies it to resolve disputes. However, the judicial branch cannot create its own law.

In the civil law system, which of the following has the primary responsibility for the development of evidence? 
A. The plaintiff's attorney
B. The defendant's attorney
C. Both the plaintiff's attorney and the defendant's attorney in conjunction
D. The judge
E. Witnesses

The judge is primarily responsible for developing evidence by asking witnesses questions and introducing legal theories.

Which of the following systems originated from the English legal system? 
A. Civil law
B. Asian law
C. Statutory law
D. Inquisitorial law
E. Common law

Common law systems originated in the English legal system. English common law began in 1066, when William the Conqueror assumed the English throne.

Which type of legal system exists in North Korea? 
A. Civil legal system
B. Common law legal system
C. Socialist legal system
D. Islamic legal system
E. Asian legal system

Socialist legal systems, such as exist in Cuba and North Korea, are based on the premise that the rights of society as a whole outweigh the rights of the individual.

Which of the following is literally the "Law of Merchants?" 
A. Lex Mercatoria
B. Lex Seller
C. Ad Merchandiso
D. Lex Loci
E. Res Judicata

One potential source of contract law is the lex mercatoria, literally the "law of merchants."