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ACCA Applied Skills · Corporate and Business Law (Global) · International trade, international legal regulation and conflict of laws

A dispute between a trader in Country P and a supplier in Country Q is heard by a court in Country P. The court notes that P's legal system is based on codes of law setting out general principles, with judges applying the code rather than being bound by earlier decisions. Which type of legal system does P most likely have?

Country P most likely has a civil law system. Civil law systems are founded on comprehensive codes, and judges apply the code rather than being strictly bound by earlier decisions. Common law systems, by contrast, develop through binding judicial precedent.

  1. AA common law system
  2. BA civil law systemCorrect
  3. CA system based on religious law

Explanation

Civil law systems rely on comprehensive codes, and judicial precedent is not binding in the way it is in common law. Common law systems develop through binding case precedent. Nothing in the facts suggests religious law as the basis of the system.

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