ACCA Applied Skills · Corporate and Business Law (Global) · Business, political and legal systems
A country's courts decide disputes mainly by applying a comprehensive written code enacted by the legislature, and judges are not strictly bound by earlier decisions. Which type of legal system is this?
This is a civil law system. Civil law jurisdictions rely mainly on comprehensive codes passed by the legislature, and judges are not strictly bound by earlier decisions. Common law systems, by contrast, develop law through binding judicial precedent.
- AA civil law systemCorrect
- BA common law system
- CA system based on religious law only
Explanation
Civil law systems rely on comprehensive codes enacted by the legislature as the primary source of law. Judicial decisions are persuasive but there is no strict doctrine of binding precedent. Common law systems rely heavily on binding case precedent.
Did you get it right without looking?
One question tells you little. A timed set on Business, political and legal systems shows your real accuracy, how long you take and where you lose marks.
More Business, political and legal systems questions
- Brelmont Ltd operates in a jurisdiction where the legislature has passed a statute that conflicts with an earlier rule laid down by the cour…
- Tarn Ltd, a company limited by shares, was formed by Vikram, who transferred his existing business to it and receives all the shares. Vikram…
- In a common law jurisdiction, the Court of Appeal decides a case on the sale of goods. In its judgment the judges state the legal principle …
- In the country of Ardonia, the government recently arrested a trader and held him for months without charge, and no court was permitted to r…
- Which of the following is an example of public law rather than private law?
- A state prosecutor charges the finance director of Kestrel Co with fraud. Which statement about the standard of proof and the purpose of the…