Summary: Statutory Law

298 Words2 Pages
According to, American Hardware Supply agreement with the retail company falls under Statutory Law and Common Law. Statutory Law is written laws that are passed by either the federal or state legislature. This business transaction is handled primarily at the state level. Under the Common Law, Stare Decisis and Business basically stated that if the courts have the rights to make a decision in any situation if need be. This particular business transaction could have some of the same unforeseen situations to occur such as the example given by.

Whitney's business transaction would fall under the consitutional law. Constitutional Law copyright clause allows congress to help promote the success of future inventors. This law is to protect
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