Economic Growth Depends "In Particular on the Rule of Law

question 44

Multiple Choice

Economic growth depends "in particular on the rule of law" which is a "lodestar for all countries." Why?

• A) Rule-of-law nations adopt laws supporting the private market because it is in everyone's interest, including the lawmakers'.
• B) It distinguishes lawmakers as being above the rule of law.
• C) It allows special interest groups to benefit at the expense of others.
• D) It adopts laws supporting the growth of the public markets over private markets increasing economic growth of nations.
• E) It removes the power of the courts and creates an autocratic regime where businesses can freely invest and economic growth is high.

---

Definitions:

Equity Provision

A clause in an agreement that allows for adjustment based on the equity value of an entity or asset.

Contract Terms

The specific provisions, conditions, and stipulations that define the agreement and obligations between parties in a contract.

Subject to the Equities

A condition indicating that rights or claims are governed by or contingent upon the principles of equity or fairness in a legal context.

Caveat Emptor

A Latin term meaning "let the buyer beware," advocating that the buyer alone is responsible for checking the quality and suitability of goods before a purchase is made.