Examlex
Inflation reduces the buying power of money.
Common Law
A body of legal precedents derived from judicial decisions, as opposed to statutes or written laws enacted by legislature.
Judge-made Law
Law established through decisions made by judges in court cases, also known as common law or case law.
Court of Chancery
A court that historically dealt with disputes in equity, such as trusts and estates, rather than legal claims.
Law of Equity
A body of law that supplements the common law and corrects injustices by providing remedies not available in courts of law.
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