All of the Following Statements Are True Regarding International Legal

question 50

Multiple Choice

All of the following statements are true regarding international legal systems except

• A)the common law system has its roots in the United Kingdom.
• B)in common law countries,there are generally fewer statutes written into the laws.
• C)in code law countries,there is more reliance on interpretations by the courts than in common law countries.
• D)divergence in accounting standards is linked to differences in legal systems around the world.

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Definitions:

Legal Implications

The potential legal consequences or effects that may arise from an action, decision, or judgment.

Environmental Regulations

Legal standards and policies designed to protect the environment by governing air and water quality, regulating pollutants, preserving natural resources, and controlling hazardous wastes.

Stakeholder

An individual, group, or organization that has an interest or concern in an organization or in a particular project.

Environmental Protections

These are legal, administrative, or contractual actions and policies aimed at preserving the natural environment and preventing pollution or degradation.