Delivery risk and Statute: Difference between pages

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The risk, on a payment date when each party has an obligation to make a payment, that one party will make its required payment but the other party will fail to do so.
A law established by an act of the legislature.
 
Contrasted with case law or common law, established by precedent.




== See also ==
== See also ==
* [[Herstatt risk]]
* [[Case law]]
* [[Risk]]
* [[Codification]]
* [[Common law]]
* [[Consolidation]]
* [[Eiusdem generis]]
* [[Enabling Act]]
* [[Legislature]]
* [[Private Bill]]
* [[Public Bill]]
* [[Royal assent]]
* [[Statutory]]
* [[Statutory duty]]
* [[Statutory filing]]


[[Category:Financial_risk_management]]
[[Category:Compliance_and_audit]]

Latest revision as of 09:55, 16 March 2021

A law established by an act of the legislature.

Contrasted with case law or common law, established by precedent.


See also