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To what extent will a government go to protect your investment/property? My guess is that it is better for a business to be under a common-law jurisdiction.
by sielskr 17y ago
To what extent will a government go to protect your investment/property?
My guess is that it is better for a business to be under a common-law jurisdiction. The legal system in most of the world is of a type called civil law, as contrasted to common law, but common law tends to protect property better because property is more central to its conceptual framework. Nick Szabo argues convincingly for the superiority of common law over civil law on his blog, http://unenumerated.blogspot.com http://unenumerated.blogspot.com.
One of Dubai's economic zones uses common law. (They hired a retired English judge to run the legal system in the zone.) added. Bermuda and the Cayman Islands use common law, too.