Which of the following was a significant development for businessmen of the High Middle Ages?
A) Double-entry bookkeeping
B) Commercial law
C) Bills of exchange
D) The development of banking and credit instruments
E) All of these aided businessmen of the High Middle Ages

Question

Quizplus · Accepted Answer

All of these developments - double-entry bookkeeping, commercial law, bills of exchange, and development of banking and credit instruments - were significant for businessmen of the High Middle Ages. They helped to increase efficiency in record-keeping, protect business transactions through legal means, and made it easier to conduct trade over long distances.

Which of the Following Was a Significant Development for Businessmen