Answer:
The most significant common law system are the law pattern which are developed by the judges are based on the precedent by the case decision. The common law is also known as the judge decision law where it is derived from the decision of judicial and the court.
The basic purpose of the common law system are providing the legal ideas for the contextual areas. It is developed by the court decision rather than on the law which are statutory .
Answer:
A market economy is an economic system in which economic decisions and the pricing of goods and services are guided by the interactions of a country's individual citizens and businesses
Explanation:
Example: Hector wakes up suddenly in great distress, his roommates asks him what is wrong but Hector cannot explain what happened.
Jeff Bezos. | Amazon. | $112 billion.
Bill Gates. | Microsoft. | $90 billion.
Warren Buffett. | Berkshire Hathaway. | ...
Bernard Arnault & family. | LVMH. | ...