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Regarding the common law and civil law system:

1. According to the empirical evidence of La Porta and colleagues, which system appears to be more efficient? list one weakness with this evidence.

 

2. Assuming that one system is more efficient than the other, why might a country that uses the less efficient system fail to switch to the more efficient system, as the Evolution to efficient laws Hypothesis suggests? Explain.

Business Economics, Economics

  • Category:- Business Economics
  • Reference No.:- M91709069

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