What does case/common law govern?

Case law, also known as common law, is developed through judicial decisions made in courts. It consists of the legal principles and precedents established by the rulings in individual court cases, which are used to resolve future cases that present similar facts or legal issues. This body of law evolves over time, as courts interpret statutes and regulations, and their rulings contribute to the overall legal framework.

The significance of case law lies in its ability to fill gaps left by statutory law, providing detailed interpretations and applications of legal principles based on specific circumstances. It helps to create consistency in the application of the law across similar cases, ensuring stability and predictability in legal outcomes. Thus, understanding case law is crucial for anyone practicing or studying law, as it forms a foundational component of the legal system.