Question: True, False, or Uncertain : Private equity is a substitute for public equity (i.e., if a country has a relatively active public-equity market, then private-equity

True, False, or Uncertain: Private equity is a substitute for public equity (i.e., if a country has a relatively active public-equity market, then private-equity activity will be relatively low). Please attach any work in support of your reasoning

Countries with common-law based legal systems have relatively weak protections against investor expropriation. Please attach any work in support of your reasoning.

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