Babylonian
Factoring in Ancient Times
It is a code of laws set down by the sixth Babylonian king, Hammurabi, in the 18th century B.C. Part of the Code sets down rules for merchants who wanted to use factoring as a form of funding. As civilization developed, other forms of financing began to form.
This supposed to be multiple choice? Only positive of the Arab spring in my opinion was the Tunisian revolution, they were able to, by popular uprising, oust the corrupt government of Zine El Abidine Ben Ali and have a peaceful and relatively stable transition of Democratic elections. No other country that experienced uprising can say the same.
En route he discovered what is now known as the Strait of Magellan and became the first European to cross the Pacific Ocean. The voyage was long and dangerous, and only one ship returned home three years later.
It is revelant but is insufficient to prove his claims as it relies on his own beliefs.
