The Components Of English Law

Question 1

Law is defined as:

Answer 1

the body of rules, whether formally enacted or customary, which a state or community recognises as binding of its members.

It has an impact on every area of our lives, both as individual or professional

Question 2

English law today has 3 principal components. They are?

Answer 2

1. Common law (including the system of equity);
2. Statute law;
3. Directives and regulations of the EU.

Question 3

what is common law?

Answer 3

• used primarily to denote the law made (or interpreted) by judges, based on decided cases.
• the development of the common law is governed by the rules of precedence by which the reasons or principles of a decision given by a higher court are binding on all lower courts.

Question 4

The term ‘Common law’ has other meanings in other contexts

Answer 4

Used to distinguish between common law and equity
In this sense it is distinguishing between 2 different sources or systems of judge-made (judge-interpreted law.