Define Statute law and discuss its advantages (Business Law)

Statute law;
This law made parliament directly in exercise of legislative power conferred upon it the constitution. For example Judicature Act, Kadhis Court Act, Companies Act. Statute law is recognized as a source of Law in Kenya Sec. 3 (I) (c) of the Judicature Act.

Advantages of statute law
Democratic in nature: parliamentary law making is the most democratic approach to legislation. This is because parliament is composed of elected representative of the people hence statute law is a manifestation of the wishes of the people.
Uniformity: Statute law applies indiscriminately, it regulates the conduct of all persons irrespective of their racial, religious and political background.
Dynamic: statute law enables the society to keep pace with changes in other fields for example economic, social or political enacting statutes, parliament provides the
necessary regulatory framework.
Resolution of legal problems: statute law enables society through parliament to resolve legal problems as and when they arise enacting new statutes or amending those in
existence. Parliament does this when the legal problem manifests itself.
General application: statute law consists of general principles applicable at different times and circumstances.
Publicity: it widely published in that it attracts media attention and must be published in the Kenya Gazette, as a Bill and as law.
Supreme Source of Law:

 

KASNEB Revision kits and past papers with answers

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