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Which of the following should be included in the cost of land?
U.K.'s Laws
The legal rules and regulations that are governing within the United Kingdom, encompassing statutes, common law, and legal precedents.
Principle of Comity
A legal doctrine that suggests courts within one jurisdiction will give effect to the laws and judicial decisions of another jurisdiction, based on mutual respect rather than obligation.
Agency Relationships
A legal relationship in which one party (the agent) acts on behalf of another party (the principal) in a business transaction.
Act of State Doctrine
A principle in international law that a nation is sovereign within its own borders and its domestic actions may not be questioned in the courts of another nation.
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