Examlex
Match each description with the item below.
-William Crawford
Common Law
The body of law derived from judicial decisions and customs, as opposed to statutes or written laws enacted by legislative bodies.
Federal Law
Laws passed by the national government of the United States that apply to the entire country, encompassing statutes, regulations, and case law.
Private Securities Litigation Reform Act
A 1995 federal law that imposed several significant reforms on the process of bringing securities fraud lawsuits in order to reduce frivolous claims.
Auditor Liability
The legal responsibility of auditors for failing to detect and report inaccuracies or fraud in the financial statements they review.
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