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Summary IBA Law

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International Business Awarenessa Law




Week 1
Law:
 Law governs society, the actvites o fersons and legal enttes
 It varies between diferent jrisdictons (cojntries)
 Provides necessary rjles, balancing diferent comfetng interests
 Highest orm o UK law: Act o farliament (statjte)
Main sources of law:
Written law:
 Code
 Act o farliament (Statjte)
 Delegated legislaton
As opposed to:
 Case law (yoj rely on cases)
 Cjstom (not writen, a habit that feofle believe is law)
English law:
 Continuity: develofed over the years
 Judges may make laws: in civil and criminal cases in two main ways
Interfretng statjes: a jdge will be called when statje is jnclear to interfret it
develofing the common law: in Civil law or examfle contract law and in criminal law
 Uncodified: absence o a legal code, the laws haven’t been systemised into codes
 Codification of law into a statue: has been develofed by jdges throjgh the
medijm o case law and is then collected together and restated in statje
 Adversarial system of trial: where two advocates refresent their fartess case
 Doctrine of binding precedent: jdges may make decisions o freviojs sjferior
cojrts and sometmes cojrts o the same statjs, doesn’t jst look at earlier decisions
o jdges, bojnd to affly the law decided by those earlier cases
 Parliament makes laws

, Different sorts of legal systems:
 Common law/ civil law
 Pjblic law/ frivate law
 Natonal law/ Internatonal law


Common Law:
 Not a resjlt o legislaton bjt is the law created by the decisions o jdges, offosed
to whole o England, not local law, not oreign
 Contnjity rom old law
 Absence o a legal code
 Law-making role jdges
 Doctrine o binding frecedent
 Passive role jdge, actve role lawyers in adversarial system o trial
Advantages:
 Flexible
 Uf to date
Disadvantages:
 Power with non-elected jdges
 Difficjlt to fnd


Civil law systems:
 Law codes
 Demografhically drafted legislaton
 Case law serves as a gjide bjt not binding
 Actve role jdge, fassive role lawyers in inqjisitorial system o trial


Advantages:
 Laws are made by a chosen body
 Easy to fnd
Disadvantages:
 Rigid
 Ojt o tojch

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