Types of Legal Systems Quiz

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EquitableStanza
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9 Questions

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 ______

regulation

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

poorer

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

business

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

business

Trading across borders might pose challenges due to different ______ regulations

country

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

business

Test your knowledge on different types of legal systems including Customary Law, Mixed System, Rule of Man, and Rule of Law. Explore the basis of rule in various countries and understand the concepts behind these legal frameworks.

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