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.

Question

Quizplus · Accepted Answer

In code law countries, the legal system is based more on comprehensive statutes and codes rather than on court interpretations, which is the opposite of what is stated in choice C. Common law countries rely more on court interpretations and precedents.

All of the Following Statements Are True Regarding International Legal