Types of Legal Systems Quiz
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Questions and Answers

Starting a business in high-income countries requires an average of 6.28 procedures, spans 18 days, and costs 7% of ______ income

per capita

Most of the top-ranked countries have a democratic political system and a common or civil law legal system anchored in the rule of ______

law

In contrast, most bottom-ranked countries exhibit authoritarian politics and a mixed legal system anchored in the rule of ______

man

There is an inverse relationship between a nation’s general income levels and its scope of ______

<p>regulation</p> Signup and view all the answers

Wealthier nations tend to regulate operational activities more consistently than do those in ______ countries

<p>poorer</p> Signup and view all the answers

Employing workers, registering property, and protecting investors are all important aspects of ______

<p>business</p> Signup and view all the answers

Getting credit and paying taxes are crucial for the financial stability of a ______

<p>business</p> Signup and view all the answers

Trading across borders might pose challenges due to different ______ regulations

<p>country</p> Signup and view all the answers

Enforcing contracts is essential for maintaining trust and stability in ______ transactions

<p>business</p> Signup and view all the answers

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