Different Sources of Business Law

Business world is very challenging and complicated. So to stay with full preparation and maintain a business properly it is important to learn about business law. As a responsible citizen of any independent country knowing about law and regulations are the duties of people. If the citizens know about law properly there less crime will take place (Abbott, Pendlebury and Wardman, 2013). The study is very beneficial to learn and understand the sources of business law in a easy way with examples.

There are basically six sources of business law commonly found. They are:

Case or Common law: Case or common law is originated from England. It refers to the laws which are made as …