Common law is practiced in Australia, Britain, Canada, Ireland, New Zealand, the United States, and parts of Asia and Africa. Civil Law Civil law can be traced back to the fifth century B.C. in Rome. The civil law system is based on a detailed set of written rules and statutes that constitute a legal code. Civil law is practiced in Cuba, Puerto Rico, Quebec, all the Central and South America, most of Western Europe, and many parts of Asia and Africa. Theocratic Law Theocratic law is a legal tradition based on religious teachings.
Islamic law is probably the most widely practiced theocratic legal system.
It was initially a code governing moral and ethical behavior and was later extended to commercial transactions. Two other prominent theocratic legal systems are Hindu and Jewish law . Because some international companies take advantage of differences in legal systems among nations, legal differences can become ethical issues for international managers. Since there is no well-defined body of international law, several existing treaties and agreements constitute the first step toward a universal legal system. Intellectual property is property that results from people's intellectual talent and abilities.