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How does the civil and commercial law in your country compare to other nations?

Nelly Morewood

Well, I'm from Mexico and I have to say that our civil and commercial law is quite complex and different from other nations. Mexico has a mixed legal system that combines elements of civil law, common law, and indigenous law, which makes it unique.

When it comes to civil law, Mexico's legal system is based on the Napoleonic Code, which is a set of laws derived from Roman law that is widely used in civil law countries. This means that our laws are based on written statutes rather than judicial precedent.

On the other hand, our commercial law is largely influenced by the United States legal system. Mexico and the U.S. share a border, and have an important commercial relationship, so it's only natural that our commercial laws are similar.

However, there are some important differences between Mexico's commercial law and that of the U.S. For example, in Mexico, companies are not allowed to issue bearer shares, which are unregistered shares that don't have the owner's name on them. This is to prevent money laundering and other illegal activities. Another difference is that in Mexico, the government has a greater role in regulating business activities than in the U.S.

When compared to other nations, Mexico's civil and commercial law system is quite complex, but it works for us. However, it can be difficult for foreign companies to navigate, which is why it's important for them to have a good understanding of Mexican law before doing business in the country.

Overall, I think that every country's legal system has its strengths and weaknesses, and it's up to each nation to evaluate its system and make changes as necessary. In Mexico, we are constantly looking for ways to improve our laws and ensure that they work for everyone.