Examlex
One way to reduce direct labor and material handling cost is to minimize the number of parts for a product.
Codified System
A system where laws and regulations are organized and written down into a systematic code or collection.
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.
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