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Role and Function of Law

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Role and Function of Law
The Role and Function of Law
James Williams
Law/421
January 7, 2012
Gail B. Jabber

Role and Functions of Law According to Melvin (2011), “A generally accepted generic definition of the law is a body of rules of action or conduct prescribed by controlling authority, and having legal binding force” (p. 4). The scope of modern law is broad with tentacles that reach into every area of public and private dealings. Essentially law furnishes a process by which the rulings and directives to regulate certain behaviors, disagreements, plus unlawful acts are available to individuals for use in resolution of disputes and to enforce promises. Law weaves into practically every aspect of the daily activities of businesses as well as individuals within the society. The evolution of law from basically a way to protect property rights to the intricate and complex system it has become is astounding. The research will examine the numerous roles and functions of law in relation to business and society. Laws govern many facets of business. They regulate—business operation, environmental standards, treatment of employees, workplace requirements—to name a few. The broad design of the law is to discourage against predatory business practices and to protect the consumer from fraudulent advertising or receiving inferior products as well as provide remediation to victims when necessary. To accomplish this, the federal as well as state governments have policing powers to enforce the rules a society chooses to govern itself. This law incorporates into the fabric of the society. For example, there are federal and state laws that control e-business commerce plus international business dealings. Congress derives its power to regulate the flow of commercial activity along interstate and intrastate highways likewise railways together with the vehicles that transport the goods from the commerce clause. The application of these powers varies. According to Melvin (2011),



References: Melvin, S. P. (2011). The legal environment of business: A managerial approach: Theory to practice. New York, NY: McGraw-Hill/Irwin. Azria, S. M. (2008). Wills, Trusts, Estates & Taxation. Wills, Trusts, Estates & Taxation -- Research Starters Business, 1. Bednar, J. (2006). Making Dollars and Sense. Businesswest, 23(5), 18. Boden, D. (2008). How to take (legal) action. International Financial Law Review, 27(5), 96-99. Flynn, S. I. (2008). Business Estate Planning. Business Estate Planning -- Research Starters Business, 1.

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