QUES: In the late 13th and early 14th centuries, a process took place – primarily in Italy but partly also in the Empire – that historians have termed a 'commercial revolution'. Among the innovations of the period were new forms of partnership and the issuing of insurance, both of which contributed to reducing the risk of commercial ventures; the bill of exchange and other forms of credit that circumvented the canonical laws for gentiles against usury, and eliminated the dangers of carrying bullion; and new forms of accounting, in particular double-entry bookkeeping, which allowed for better oversight and accuracy.

Laws against what lending practice weren't addressed by the creation of bills of exchange?
What is the answer?
ANS: unanswerable
QUES: While the Armenian Apostolic Church remains the most prominent church in the Armenian community throughout the world, Armenians (especially in the diaspora) subscribe to any number of other Christian denominations. These include the Armenian Catholic Church (which follows its own liturgy but recognizes the Roman Catholic Pope), the Armenian Evangelical Church, which started as a reformation in the Mother church but later broke away, and the Armenian Brotherhood Church, which was born in the Armenian Evangelical Church, but later broke apart from it. There are other numerous Armenian churches belonging to Protestant denominations of all kinds.

What does the Armenian Evangelical Church follow?
What is the answer?
ANS: unanswerable
QUES: The free trade spirit of the time received a strong augmentation through the development of a modern, effective stock market in the Low Countries. The Netherlands has the oldest stock exchange in the world, founded in 1602 by the Dutch East India Company. While Rotterdam has the oldest bourse in the Netherlands, the world's first stock exchange – that of the Dutch East-India Company – went public in six different cities. Later, a court ruled that the company had to reside legally in a single city, so Amsterdam is recognized as the oldest such institution based on modern trading principles. While the banking system evolved in the Low Countries, it was quickly incorporated by the well-connected English, stimulating English economic output.

Where did the spirit of the time evolve?
What is the answer?
ANS:
unanswerable