What term describes law created by Parliament?

The term that describes law created by Parliament is legislation. It refers specifically to laws that are enacted by a legislative body, such as Parliament, which is tasked with making laws for a given jurisdiction. Legislation encompasses both the statutes passed by Parliament and the process by which those laws are made, reflecting a formal legal authority.

Common law, on the other hand, is developed through court decisions and judicial interpretations rather than through legislative enactments, which distinguishes it as case law based on precedents. Statutory law is a related term often used interchangeably with legislation, but it generally refers to the actual laws (or statutes) that are the result of the legislative process. Case law refers to the body of law established by the outcomes of previous legal cases decided by courts.

Thus, legislation accurately captures the idea of laws specifically crafted and set forth by Parliament, making it the correct choice among these options.