InterviewSolution
Saved Bookmarks
InterviewSolution
| 1. |
Explain the sources of Indian Business Law, English Common Law and judicial decisions. |
Answer»
It is the preliminary source of Indian law. Indian mercantile law owes its origin to the English mercantile law. The sources of English mercantile law are common law, equity law, merchant and statute law. The common law of England or the judge-made law It is the unwritten law of England that consists of judicial decisions and customs.
Keeping in view the present situation the verdicts/decisions made by the Supreme Court on new issues and emerging debates on them are used as examples by lower courts while taking decisions. |
|