Mncs must be knowledgeable of and abide by the commercial


MNC's must be knowledgeable of and abide by the commercial laws in the countries in which they operate.

The legal systems (including commercial law) of most developed countries are derived from one of the following:

1) English common law

2) French civil law

3) German civil law

4) Scandinavian civil law

Compare and contrast the legal systems of SPAIN(FRENCH LAW) & PAKISTAN (ENGLISH LAW) on the following elements:

1) Investor protection

2) Business control and ownership structures

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Finance Basics: Mncs must be knowledgeable of and abide by the commercial
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