Explore BrainMass
Share

Sources of Business Law

What are the sources of law? What is the difference between common law and statutory law? What are the steps on rulemaking by agencies.

© BrainMass Inc. brainmass.com July 21, 2018, 9:55 am ad1c9bdddf

Solution Preview

The sources of law are the Constitution, Congress, Statutes, Agencies and Common Law.

Common law is law made up by judges based on the facts presented to them. Thus, they can take different laws that are already in existence and merge them to make new law in order ...

Solution Summary

What are the sources of law? What is the difference between common law and statutory law? What are the steps on rulemaking by agencies.

$2.19