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What is important to note is that the four major legal systems of the world today consist of civil law, common l The term “law” denotes the body of rules and regulations that is the produc The … law theory argues that some rules objectively existing in the nature also are source of law, while legal positivism argues that only the rules made b … law is based on precedents, that is the judicial decisions from previous cases, rather than law based on constituti The process or product of enrolling, enacting, or promulgating law by a legislature, parliament, or analogous