Introduction to business law Flashcards

1
Q

Concerned with the state and its interaction with individual bodies and public bodies

A

Public law

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2
Q

Situations involving disputes between private parties (e.g., contract disputes, tort actions, etc.)

A

Private law

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3
Q

Laws made by Parliament through direct and delegated legislation

A

Statute law

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4
Q

Developed over time by judges when deciding the outcomes of cases

A

Case law

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5
Q

Which takes precedent? Statute or case law?

A

Statute law

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