Common Law System

From Open Risk Manual

Definition

Common Law System. Common law, also known as case law or precedent, is law developed by judges through decisions of courts and similar tribunals

A jurisdiction which is based in Common Law will also have alongside a legislature that passes statutes.

See Also


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This entry annotates a FIBO Ontology Class. FIBO is a trademark and the FIBO Ontology is copyright of the EDM Council, released under the MIT Open Source License. There is no guarantee that the content of this page will remain aligned with, or correctly interprets, the concepts covered by the FIBO ontology.

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