Identify which basic assumption of accounting is best described in each item below.
(a) The economic activities of FedEx Corporation are divided into 12-month periods for the purpose of issuing annual reports. select an assumption
(b) Solectron Corporation, Inc. does not adjust amounts in its financial statements for the effects of inflation. select an assumption
(c) Walgreen Co. reports current and noncurrent classifications in its balance sheet. select an assumption
(d) The economic activities of General Electric and its subsidiaries are merged for accounting and reporting purposes.

Regardless of the breadth of the definition attached to the term law, there is an essential truth to the fact that at the core of the nation's expansive legal system lays a body of enforceable written rules meant to maintain order, define the outer limits of our interactions with one another and with our governments, and delineate legal rights and responsibilities. these rules derive from several sources, which collectively are called primary sources of law. there are also secondary sources of law, which are not laws in the technical sense for this assignment, identify and discuss the four types of primary sources of law. in your response, be sure to define each one. discuss what types of laws are derived from each source. identify the source of authority for each one. lastly, provide an example of a law from each source.