This topic contains a solution. Click here to go to the answer

Author Question: Sales of goods made by nonmerchants are not governed by the Uniform Commercial Code, Article 2 ... (Read 31 times)

jeatrice

  • Hero Member
  • *****
  • Posts: 543
Sales of goods made by nonmerchants are not governed by the Uniform Commercial Code, Article 2
 
  Indicate whether the statement is true or false

Question 2

Explain the difference between the common law and statutory law.
 
  What will be an ideal response?



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

josephsuarez

  • Sr. Member
  • ****
  • Posts: 323
Answer to Question 1

False

Answer to Question 2

U.S. law is based primarily on English common law, a system where laws were developed through the courts and through case decisions. The common law was based on the concept of precedent or stare decisis, which means it stands decided.. This refers to the fact that a particular factual dispute was decided in one way by the court, and if the same factual dispute arises again, it must be resolved the same way. Statutory law refers to laws passed by the legislature. At the federal law, statutes are enacted by Congress.





 

Did you know?

When intravenous medications are involved in adverse drug events, their harmful effects may occur more rapidly, and be more severe than errors with oral medications. This is due to the direct administration into the bloodstream.

Did you know?

The familiar sounds of your heart are made by the heart's valves as they open and close.

Did you know?

Russia has the highest death rate from cardiovascular disease followed by the Ukraine, Romania, Hungary, and Poland.

Did you know?

The U.S. Preventive Services Task Force recommends that all women age 65 years of age or older should be screened with bone densitometry.

Did you know?

More than 4.4billion prescriptions were dispensed within the United States in 2016.

For a complete list of videos, visit our video library