What are the main areas of case law, Business Law and Ethics

Assignment Help:

What are the main areas of case law?

Case law:

There are two main areas, as follows:

Common law: It is an amalgamation of past cases that are used to make decisions onto cases brought to court nowadays They have developed over time as an outcome of local customs and cases being determined, and have formed the backbone of judicial precedent (earlier decisions made through judges onto cases).
Common law is updated like a result of new cases being determined. Judicial precedents made through higher courts are binding onto lower courts.

Equity law: It supplements common law through filling in the gaps when there was a lack of fair dealing in several cases. One of the major problems with common law was which its remedy for persons which had won the case was only damages. Delay within bringing a matter to court into reasonable time will not be good into equity law.


Related Discussions:- What are the main areas of case law

What is the meaning of flexible exchange rates, What is the Flexible Exchan...

What is the Flexible Exchange Rates With a fully flexible exchange rate adjustment toward the long run equilibrium occurs via a change in relative prices. This effect is shown

Requirements of registration of hire purchase agreements, Requirements of R...

Requirements of Registration of Hire Purchase Agreements Each Hire purchase Agreement must will in the English language It have be delivered to registration with

The health and safety issues in the hospitality industry, QUESTION 1 (i...

QUESTION 1 (i) What are the principles applicable regarding the unjustified termination of a contract of employment (ii) What would be your views regarding the legal issues

International law is a law or not, Q. International law is a law or not? ...

Q. International law is a law or not? It is debatable whether international law is a law or not. Law is defined as rules established by a governing authority to institute and m

Liability for misstatement or misrepresentation, Liability For Misstatement...

Liability For Misstatement Or Misrepresentation: This will be governed by the general principles of the law of contract, depending on whether the misstatement was:- a)A FRA

What are the duties of the holder, Question 1: What are the duties of t...

Question 1: What are the duties of the holder of a Tourist Enterprise Licence, as provided by the Tourism Authority Act? Question 2: What are the relevant consideration

Method of service - meetings and resolutions, Method of Service: Artic...

Method of Service: Article 131 provides that a notice may be given by the company to any member either personally or by sending it by post to him at his registered address or

Disadvantages of subsidiary legislation, DISADVANTAGES: Whether delega...

DISADVANTAGES: Whether delegated or subsidiary legislation has been criticised just to a variety of reasons, the main ones being that it is:as; (a)   Less democratic Whe

Advise as conflict of interest, A is large property developer who is listed...

A is large property developer who is listed on the Kuala Lumpur Stock Exchange. B is a building contractor. A employed B in 2008 to build a large office complex comprising 3 towers

Liquidators and receivers, Liquidators and Receivers: The distinction ...

Liquidators and Receivers: The distinction between liquidators and receivers must be kept clear: (a) a receiver is a representative of secured creditors appointed by them (

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd