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LEGAL SYSTEMS - PowerPoint PPT Presentation


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LEGAL SYSTEMS. COMMON LAW CIVIL LAW THEOCRATIC LAW. COMMON LAW. A system based on tradition, precedent, custom and usage, and interpretation by the courts. CIVIL LAW. A system based on a detailed set of laws organized into legal code. THEOCRATIC LAW.

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Presentation Transcript
legal systems
LEGAL SYSTEMS
  • COMMON LAW
  • CIVIL LAW
  • THEOCRATIC LAW
common law
COMMON LAW
  • A system based on tradition, precedent, custom and usage, and interpretation by the courts
civil law
CIVIL LAW
  • A system based on a detailed set of laws organized into legal code
theocratic law
THEOCRATIC LAW
  • A system based on religious doctrine, precepts, and beliefs
islamic law shariah
ISLAMIC LAW-SHARIAH
  • The Koran
  • The Sunnah
  • The writings of Islamic scholars
  • The consensus of Muslim legal communities
impact of laws
IMPACT of LAWS
  • National Laws affect local business for home & host country
  • National Laws affect cross-border business
  • International treaties affect some cross-border transactions