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Is common law and precedent still useful in regulating modern business practices or should we simply use legislation? Discuss this statement by: comparing the characteristics

Is common law and precedent still useful in regulating modern business practices or should we simply use legislation? Discuss this statement by:

  1. comparing the characteristics of common law and legislation and the role of the courts and legislature in relation to the regulation and facilitation of business conduct.
  2. contrasting the role of precedent and judges in dispute resolution, in civil law systems

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