BUSINESS ADMINISTRATION
BUSINESS LAW
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Laws enacted by state and federal legislatures are called ____
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Torts
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Crimes
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Ordinances
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Statutes
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Explanation:
Detailed explanation-1: -Statutes, also known as acts, are laws passed by a legislature. Federal statutes are the laws passed by Congress, usually with the approval of the President.
Detailed explanation-2: -/ˈstætʃ.uːt/ a law that has been formally approved and written down.
Detailed explanation-3: -Statute law or Statutory law is a law that is created by the legislation, for e.g. the State Legislature. A statute is a formal act of the legislature in written form. A legislature is a kind of assembly with the power to pass, amend and repeal laws. Statutory laws are the basic framework of the modern legal system.
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