BACHELOR OF BUSINESS ADMINISTRATION

Detailed explanation-1: -The legislation, precedents, customs and morality are all sources of law. Custom can be classified into two types: 1. Custom without sanction, and 2. Custom having sanction.

Detailed explanation-2: -Introduction. Common law is an unwritten body of laws based on judicial precedents. For unusual cases where the result cannot be decided on the basis of current laws or written law regulations, common law guides the decision-making process.

Detailed explanation-3: -Common law is the body of customary laws based on the judicial decisions and is embodied in the already decided cases which are administered in the common law courts of England since the middle ages. Common law emphasizes the centrality of the judges in the development of law.

Detailed explanation-4: -custom, in English law, an ancient rule of law for a particular locality, as opposed to the common law of the country. It has its origin in the Anglo-Saxon period, when local customs formed most laws affecting family rights, ownership and inheritance, contracts, and personal violence.