Which of the following is true about legal systems? A. All countries

QUESTION

Which of the following is true about legal systems?

A. All countries have the same, uniform legal environment.

B. Unlike the economic system of a country, the legal system is independent of the country’s political system.

C. The government of a country defines the legal framework within which firms do business.

D. The attractiveness of a country as an investment site or market is unaffected by its legal system.

E. Collectivist-inclined totalitarian states tend to enact laws that are pro-private enterprise.

ANSWER

C
The government of a country defines the legal framework within which firms do business, and often the laws that regulate business reflect the rulers’ dominant political ideology.