BAIB3004 Week 6 24/25

Which of the following was NOT mentioned as a major contribution of the Romans to commerce?

• Establishing specialised markets

• Building extensive road networks

• Maintaining peace

• Inventing the printing press

Who was Sir Mackenzie Chalmers?

• A Roman emperor who codified commercial law

• A Victorian-era lawyer who drafted several important commercial Acts

• An ancient Mesopotamian merchant

• A modern international trade theorist

Which of the following Acts was NOT drafted by Sir Mackenzie Chalmers?

• Bills of Exchange Act 1882

• Sale of Goods Act 1893

• Marine Insurance Act 1906

• Companies Act 1862

In ancient commerce, what institutions often acted as centres of commerce?

• Banks and stock exchanges

• Palaces and temples

• Universities and schools

• Farms and workshops

What was significant about the application of the Sale of Goods Act 1893 in Scotland?

• It was rejected outright

• It was applied despite being primarily based on English common law

• It led to a revolution in Scottish commerce

• It was only partially implemented

Which ancient trade route was mentioned as facilitating the exchange of goods, ideas, and cultures?

• The Spice Route

• The Amber Road

• The Silk Road

• The Incense Route

What term is used to describe the customary practices in international trade?

• Jus gentium

• Lex mercatoria

• Pacta sunt servanda

• Res judicata

What was the "Victorian Mania" referring to in the context of commercial law?

• A period of economic boom

• A strong move towards codification of commercial law

• A series of commercial scandals

• A trend of expanding colonial trade

How did Roman law influence modern commercial law?

• It had no influence on modern commercial law

• It only influenced Italian commercial law

• It formed the foundation for many modern commercial law concepts

• It was completely replaced by common law principles

What was one of the main impacts of the "Commonwealth" on commercial law development?

• It led to the complete rejection of English commercial law principles

• It resulted in the spread of Sir Mackenzie Chalmers' work across multiple countries

• It caused all Commonwealth countries to adopt identical commercial laws

• It eliminated the need for international commercial law