Roles and Functions of Law

Topics: Law, Private law, Commercial law Pages: 3 (940 words) Published: June 20, 2013
Roles and Functions of Law
Laws play an important role in the everyday functions of life, not only at a personally level but in business and society as well. The laws of personal function include but are not limited to, waking up, and preparing meals, taking care of children/family, working, resting and repeating. From a religious stand point personal laws are morals and values, taught and instilled throughout customs and traditions, set forth by God in the Ten Commandments. The laws of business and society are laws that are/were created to regulate social behavior, supply ethical standards and expectations, peacekeeping, and promote personal freedom so that a business and society are able to run smoothly and proficiently. Without laws and regulations the actions of people would cause disaster. Therefore, businesses and society would not be able to function smoothly or effectively and would most likely lead to a collapse in humanity. What is Law

There are many different types of laws, laws that are set by the government in order to protect its society, laws that are set by a business in order to operate successfully, and laws that are set by nature. Law is: 1) the principles and regulations established in a community by some authority and applicable to its people, whether in the form of legislation or of custom and policies recognized and enforced by judicial decision, 2) any written or positive rule or collection of rules prescribes under the authority of the state or nation, as by the people in its constitution, 3) the controlling influence of such rules; the condition of society brought about by their observance (maintaining law and order), 4) a system or collection of such rules, 5) the department of knowledge concerned with these rules, jurisprudence (to study law), 6) the body of such rules concerned or derived from a particular source (commercial law), 7) a rule or principle of proper conduct sanctioned by conscience, concepts of natural justice, or the...

References: Dictionary.com. (2012, January). Dictionary. Retrieved from http://dictionary.references.com/browse/law?s=t
Voice Yahoo. (2012, Sept. 19). The Roles & Functions of Law in Business & Society. Retrieved from http://voices.yahoo.com/the-role-function-law-business-society-191823.html?cat=3
eHow. (2012, 19 Sept.). What are the Functions of Law in Business & Society? Retrieved from http://www.ehow.com/list_6792245_functions-law-business-society_.html#ixzz2724ZKqii
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