Introduction to business law Flashcards
1
Q
Concerned with the state and its interaction with individual bodies and public bodies
A
Public law
2
Q
Situations involving disputes between private parties (e.g., contract disputes, tort actions, etc.)
A
Private law
3
Q
Laws made by Parliament through direct and delegated legislation
A
Statute law
4
Q
Developed over time by judges when deciding the outcomes of cases
A
Case law
5
Q
Which takes precedent? Statute or case law?
A
Statute law