BACHELOR OF BUSINESS ADMINISTRATION

Detailed explanation-1: -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.

Detailed explanation-2: -noun. the written law established by enactments expressing the will of the legislature, as distinguished from the unwritten law or common law. Also called: statute law.

Detailed explanation-3: -Statutory law-also known as statutes-is created and passed by the legislative branch of the government. In their most basic form, statues are written laws that can be looked up or located in databases or books. These come in the form of bills or acts.

Detailed explanation-4: -Answer: The main difference between non-statutory and statutory bodies is that statutory bodies are created by an act of parliament, while non-statutory bodies are not. Statutory bodies have legal powers and can binding, while non-statutory bodies do not have any legal powers and are only advisory.