Question

Explain the legal system of Tanzania based on authorities in the business perspective.

a) Common law system
b) Civil law system
c) Customary law system
d) Mixed legal system

Answer 1

The legal system of Tanzania in the business perspective is a mixed legal system that incorporates common law, civil law, and customary law.

Step-by-step explanation:

In Tanzania, the legal system is a mixed legal system, which means it incorporates elements of different legal traditions. The authorities in the business perspective in Tanzania include:

1. Common law system: This system is derived from English law and relies on precedent and judicial decisions to interpret and apply the law. It is important in resolving business disputes and contractual matters.
2. Civil law system: This system is based on codified laws and statutes. It provides a comprehensive and detailed legal framework for business transactions and commercial activities.
3. Customary law system: This system is rooted in traditional norms, practices, and customs. It is often applicable to local communities and indigenous business practices.

The mixed legal system in Tanzania combines these different legal traditions to create a legal framework that governs business activities and regulates commercial relationships.