MLchartDataset catalogue

Common law

Term · Insurance and risk management · MLC-T-INS-000848

A body of law derived from judicial decisions and customs, rather than from statutes or constitutions. Common law principles are established through precedents set by courts in previous cases, which then guide future rulings. Many aspects of insurance contract interpretation and tort law in the United States are rooted in common law traditions.

Table 1. Record
IdentifierMLC-T-INS-000848
FieldInsurance and risk management
Record as JSON 
{
  "id": "MLC-T-INS-000848",
  "term": "Common law",
  "field": "Insurance and risk management",
  "definition": "A body of law derived from judicial decisions and customs, rather than from statutes or constitutions. Common law principles are established through precedents set by courts in previous cases, which then guide future rulings. Many aspects of insurance contract interpretation and tort law in the United States are rooted in common law traditions.",
  "url": "https://mlchart.com/terminology/insurance/common-law/"
}

Record 635 of 3,708 in Insurance and risk management terminology (MLC-0106). Request the full dataset.