Answer:
<em><u>constitutional law: </u></em>Constitutional law is a body of law that defines the role, powers, and structure of different entities within a state, namely, the executive, the parliament or legislature, and the judiciary.
<u><em>statutory law:</em></u> Statutory law or statute law is written law passed by a body of the legislature. This is as opposed to oral or customary law, or regulatory law promulgated by the executive or common law of the judiciary. Statutes may originate with national, state legislatures, or local municipalities.
<u><em>case law:</em></u> Case law is the collection of past legal decisions written by courts and similar tribunals in the course of deciding cases, in which the law was analyzed using these cases to resolve ambiguities for deciding current cases. These past decisions are called "case law", or precedent.
<u><em>common law:</em></u> In law, common law is the body of law created by judges and similar quasi-judicial tribunals by virtue of being stated in written opinions. The defining characteristic of “common law” is that it arises as precedent.
Explanation:
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PRO An economy based on the relationship between supply and demand promotes healthy competition. Companies strive to offer better goods or services than other, similar companies. If one company offers more extensive goods and its profit margins increase, then that inspires its competitors to get innovative so that they can retain or gain some of that market. This lively symbiosis is the backbone of free enterprise, and is a huge positive. Consumers gain when companies compete to offer more products or services in varied, often more efficient ways. Consider how the shopping industry drastically changed during the last 10 years with Amazon able to ship products directly to consumers, saving them money and time spent driving to a “big box” store.
CON That potential for profit is as alluring as it is dangerous. In order to maximize the highest profit margin, potential companies often resort to unethical or even illegal behavior. The 2010 Deepwater Horizon oil spill is arguably a symptom of such a mindset, because of rushing, that oil company caused a horrific natural disaster. Such behavior is detrimental to its employees, because a company is not paying attention to, safety protocols, for example. Rushing or not paying attention to safety protocols, can cause lives lost or at least caused sickness and injury. Free enterprise suffers when companies go completely unchecked and foster corrupt competition.
A bear market
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I think it means that his thoughts were worth more than money.
This is true. On the balance sheet assets must equal liabilities plus stockholder's equity.
<h3>What is the balance sheet?</h3>
This is the term that is used to refer to the financial balances of an individual or of a corporation. It is the term that has to do with the reports of assets and liabilities at a particular time.
The name has to do with the fact that assets will equal liabilities and shareholders equity every time. Hence we can sayu that This is true. On the balance sheet assets must equal liabilities plus stockholder's equity.
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