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The term 'common law' when used to describe the 'legal system' of England & Wales means?

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The term 'common law' refers to a legal system where judicial decisions and case law are significant sources of law. It emphasises the importance of precedents set by higher courts, which lower courts must follow. While legislation plays a crucial role, common law systems place particular importance on the development of law through court decisions.

Key Point: This question tests the understanding of the role of case law in the common law system, highlighting its importance in legal interpretation and precedent.

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