Compare and contrast common law with civil law specifically as the two systems relate to international business

What will be an ideal response?

Both common law and civil law systems originated in western Europe and represent the common values of western Europeans. A key difference between the two systems is that common law is primarily judicial in origin and based on court decisions, whereas civil law is primarily legislative in origin and based on laws passed by national and local legislatures. Common law and civil law pose various differences for international business.
With regard to patents and other types of intellectual property, ownership is determined by registration under civil law. Under common law, ownership of intellectual property is determined by prior use. With a civil law system, contracts tend to be briefer because many potential problems are already covered in the civil code. In a common law system, contracts tend to be very detailed, with all possible contingencies spelled out. It is generally more expensive to draft a contract in a common law system than in a civil law system.