2. • Four heritage from the basis for the majority
of the legal systems of the world:
• Common law
• Civil or Code law
• Islamic law
• Marxist-socialist tenets.
3. Common Law:
• Seeks interpretation through the past decision
of higher courts which interpret the same
status
• Recognized as not being all-inclusive
• Ownership is established by use
• Followed is-England,USA,Canada(except
Qubec)
4. Code Law:
• Legal system can be divided into three types:
• Commercial-industry,trade&commerce
• Civil-property
• Crime-crimes&punishment
• Followed in-Germeny,Japan,France & in non-
islamic & non-marxist socilest countries.
5. Islamic law:
• The basis for islamic law is interpretation of
the holy Quran.
• Islamic law define:
• Property rights
• Economic decision making
• Types of economics
• Followed in-Pakistan,Iran,KSA & other islamic
states.
6. Marxist-socialist tenets:
• Marxist-socialist states concern with
economic,political & social policies of the
states .
• Followed in: Economic of Russia,former soviet
union,China & other Marxist-states.