Podcast
Questions and Answers
What are the three components of modern legal systems?
What are the three components of modern legal systems?
- Commercial law, Customary law, and International law
- Constitutional law, Criminal law, and Civil and Commercial law (correct)
- Civil law, Common law, and Theocratic law
- Constitutional law, Criminal law, and Human rights law
Which type of legal system is based on a detailed set of laws that comprise a code?
Which type of legal system is based on a detailed set of laws that comprise a code?
- Theocratic law
- Common law
- Civil law (correct)
- Customary law
Which countries are examples of common-law nations?
Which countries are examples of common-law nations?
- France, Germany, and Japan
- Australia, Canada, and the United States (correct)
- China, India, and Russia
- Iran, Saudi Arabia, and Pakistan
What is the basis of Theocratic law?
What is the basis of Theocratic law?
What is the role of courts in Common law systems?
What is the role of courts in Common law systems?
What type of legal system is based on daily experience or great spiritual or philosophical traditions?
What type of legal system is based on daily experience or great spiritual or philosophical traditions?
What is a characteristic of a mixed legal system?
What is a characteristic of a mixed legal system?
In which countries are most mixed legal systems found?
In which countries are most mixed legal systems found?
What is a key factor in shaping a country's legal system and business regulations?
What is a key factor in shaping a country's legal system and business regulations?
What is a common legal contingency that affects international competitors' strategic plans?
What is a common legal contingency that affects international competitors' strategic plans?
Which of the following is a consequence of a country making it easy to start a business?
Which of the following is a consequence of a country making it easy to start a business?
What is a common goal of country-of-origin labeling policies?
What is a common goal of country-of-origin labeling policies?
What is the primary function of a political system?
What is the primary function of a political system?
What is the ultimate test of any political system?
What is the ultimate test of any political system?
What is the main consideration for MNEs operating internationally?
What is the main consideration for MNEs operating internationally?
What is the significance of understanding the political environment for MNEs?
What is the significance of understanding the political environment for MNEs?
What is the primary distinction between individualism and collectivism?
What is the primary distinction between individualism and collectivism?
What is the impact of changes in a country's political system on MNEs?
What is the impact of changes in a country's political system on MNEs?
