Question

Which of the following statements is true? a) Common law is a body of laws based on customs, traditions, and judicial precedent rather than on legislative statute. b) Common law and business law are essentially the same concepts. c) Labor law and employment law are essentially the same concepts. d) Statutory law is a body of laws based on customs, traditions, and legislative statute.

Answer 1

a) Common law is a body of laws based on customs, traditions, and judicial precedent rather than on legislative statute.

Step-by-step explanation:

Common laws are made by the common people of the society based on the customs and traditions that is followed by the society people. These laws are also based on past judicial or social decisions or ideas taken.

Common laws are different from the legislative laws in the fact that legislative laws are framed by the members of the legislative bodies unlike the common laws which are frame by the society based on the traditions or precedent events take took place at the society.

Thus the answer is

a) Common law is a body of laws based on customs, traditions, and judicial precedent rather than on legislative statute.