Examlex
What is the definition of the following term:
-argument :
Law-Making Powers
The authority granted to legislative bodies to enact, amend, or repeal laws.
Common Law
A body of unwritten laws based on legal precedents established by the courts, contrasting with statutory law.
Bankruptcy
The state of a person who is unable to pay his or her debts without respect to time; one whose liabilities exceed his or her assets.
Contract Law
The body of law regulating legally binding agreements between parties, specifying the rights and duties that arise from agreements.
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