Examlex
Compared with general administrators, entrepreneurs can be best described by which one of these?
Statute
A written law passed by a legislative body at either the federal or state level.
State Legislature
is the legislative body within a state that has the authority to make, amend, and repeal laws within that state.
Common Law
A legal system based on judicial decisions and precedents rather than statutory laws, primarily used in the UK and countries that were former colonies.
Judge-Made Law
Laws that have evolved from judicial decisions or case law, rather than from statutes or constitutions, thereby reflecting the judiciary's role in interpreting and applying legal principles to specific cases.
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