“What is the meaning of the term common law and what are the characteristics of a common law system? What is the meaning of the term statute? Provide an example of a statute. Explain the differences between substantive justice and formal justice. Explain the concept of Parliamentary sovereignty.”

Legal systems that use the English legal system are often referred to having a common law system, sometimes known as case law or precedent. It is more practical in its approach than civil law. The Common law system is split into three different classifications of sources of law common law, statute and equity and a combination of these is essential for a fair judgment. Common law is characterised by the fact that the outcome of judgments in present cases are made based on the judgments passed in previous similar cases that have similar facts and evidence (this is also a basis of other laws), this is known as case law, this method gives a fair and constant outcome to similar cases and is often referred to as Stare Decisis (let the decision stand). But this also means that common law is more adaptable to political and social changes as they happen and jud…(short extract)