GMGT 3300 Lecture 2: Commercial Law Lecture 2

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Most common the primary source of law is legislation in the form of codes, statutes and constitutions; case law is generally not recorded and not recognised as a souce of law. Democracy laws are made by representatives who exercise their power subject to the rule of the law and to the various federal and state constitutions. This is what the executive government consists of. Our legal system is based on the british model 3. Constitutional monarchy the head of the state is elizabeth ii 4. Federation in addition to the national/federal/commonwealth government there are various state governments that are not subordinate to the federal government 5.

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