Extensive research into Europe, North America, and Asia-Pacific nations also corroborated this connection.It was found that there is a substantial correlation between the rule of law and business freedom.According to the supplied facts, the greater the degree of Business Freedom and Rule of Law, the more economically and legally knowledgeable a society is. This understanding of two of the most significant corporate settings is fundamental and dictates the trajectory of economic and legal growth, there is no question about that.