Law defines rules that individuals must abide by and helps to ensure the well being of everyone. It also provides a framework for individuals to bring their disputes to an impartial tactic, such as a judge or jury.
Definition of Law: – A set of laws that are established and enforced by social or governmental institutions to regulate conduct. This can be achieved through statutes, decrees, regulations, or precedents in common law jurisdictions.
Business Law: – A collection of legal requirements around forming, operating, dissolving and engaging with a business. A business is a group of people or entities that occupy the labor, attention and time of an individual for the purpose of earning a profit or livelihood.
Civil Law: – A system of rules and principles usually arranged in codes that favor cooperation, order, and predictability, based on concepts, categories, and rules developed from Roman law and sometimes supplemented by local customs or traditions. In this system, the law aims to preserve individual rights and protect minorities against majorities.
Criminal Law: – A set of laws that govern the treatment of people who commit crimes, including offenses like murder and theft. A criminal offense can lead to a conviction, prison, and/or fines.
Property Law: – A set of laws that control the ownership and use of land and other assets. It covers matters such as liens and lis pendens, which are court orders that claim land and hold it until the case is resolved.
Evidence Law: – A set of laws that regulate the admissibility of evidence in a trial or appeal. It includes the process of proving a case, the materials that are admissible in a court hearing and what evidence is required to prove a criminal offense.
Court Procedure: – A set of rules that a court must follow as it hears and decides a dispute between parties. These include what materials are admissible in a court and how long evidence must be presented before a judge can make a decision.
Justice: – A set of standards that judges must adhere to in their decisions, based on what is fair, just, reasonable and equitable. These standards are derived from the principle of justice, which is that every person is entitled to fair and just treatment in their daily lives.
In the United States, the Supreme Court has created a set of universal principles that represent the working definition of the rule of law. These principles were developed in accordance with international accepted standards and norms, tested and refined in consultation with a wide variety of experts worldwide.
Law can serve many purposes, some of which are better served by different systems than others. In a nation, law can keep the peace, maintain the status quo, preserve individual rights, protect minorities against majorities and promote social justice and orderly social change.