Sources of law
You'll learn the two primary sources of law in England and Wales—case law (judge-made law based on judicial precedent) and legislation (laws created by Parliament).
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In this lesson
- 0:00 Welcome to Corporate and Business Law
- 0:13 Two main sources of law explained
- 0:46 Case law and judicial precedent
- 2:02 Legislation and Parliament's role
- 2:34 Delegated legislation and its controls
About this lesson
This lesson explains how these sources interact, including the principle that equity prevails over common law, and introduces delegated legislation as a third layer. Understanding sources of law is essential for the Corporate and Business Law module, as it underpins how legal rules are created, applied, and prioritised in practice. You'll also discover why legislation ultimately takes precedence over case law in the legal hierarchy.
Duration: 3m
Transcript
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