The Law List The Law Society Of Hong Kong

In most parts of the U.S., civil law is synonymous with “common law,” or “judge-made law” which relies on prior court choices to determine the finish result of circumstances. The governing principle is “Stare Decisis,” which implies that the result of a lawsuit depends on the outcomes of earlier related cases Law news. Consideration signifies the truth that all events to a contract have exchanged something of value. Some common law techniques, together with Australia, are transferring away from the thought of consideration as a requirement. The thought of estoppel or culpa in contrahendo, can be used to create obligations throughout pre-contractual negotiations.