Business law topics such as contracts,agency,property,and trusts are governed primarily by the common law.

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Business law topics such as contracts, agency, property, and trusts are governed primarily by the common law, which is the body of law developed through judicial decisions rather than statutes or constitutions. However, some of these topics may also be governed by statutory law or regulations.

Business Law Topics Such as Contracts,agency,property,and Trusts Are Governed Primarily