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Explain how common law has emerged into codified laws to facilitate and protect business?
Wiki User
∙ 14y ago
Because of local and federal statutes in the United states , many believe that common law no longer exists. These codified laws are very much based on common law that was adopted in our nation from the time we were British Colonies. Common Law still does have jurisdiction in areas that are not covered by statutory or administrative law. If a business is in an area that is regulated by a statute, then the statute will apply in order to protect the business or its employees. Even though many statutes that regulate states and local government codify existing common law principles. Because common law was very general and based on judge's decisions on previous court matters, statutes became essential, but still codify existing common law. Even courts, before making a decision and interpreting the statutory laws, must use common law as guide to what legislators intended.
Wiki User
∙ 14y ago
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