Final answer:
Statutes, constitutional law, common law, and contractual law are the four broad categories of law.
Step-by-step explanation:
The four broad categories of law are:
- Statutes: Statutes are laws passed by legislative bodies such as Congress or state legislatures. They are written rules that apply to everyone within their jurisdiction.
- Constitutional law: Constitutional law refers to the body of law that governs the interpretation and application of the Constitution of a country or state. It defines the structure and power of the government, as well as the rights and liberties of individuals.
- Common law: Common law is a system of law that is based on customs, traditions, and precedents established by the courts. It is developed through judicial decisions rather than through legislation.
- Contractual law: Contractual law deals with agreements between two or more parties. It governs the formation, interpretation, and enforcement of contracts.