What is Law?

 What is Law?

Law is the system of rules that a particular country or community recognizes as regulating the actions of its members.
Law is a system of rules and guidelines, usually enforced through a set of institutions.

 

Lady Justice is the symbol of the judiciary. Justice is depicted as a goddess equipped with three symbols of the rule of law:

1. A sword symbolizing the court's coercive power;

2. Scales representing an objective standard by which competing claims are weighed;

and

3. A blindfold indicating that justice is (or should be) meted out objectively, without fear or favor, regardless of identity, money, power, or weakness. 

Contract law regulates everything from buying a bus ticket to trading on derivatives markets.

Property law defines rights and obligations related to the transfer and title of personal and real property.

Trust law applies to assets held for investment and financial security, while tort law allows claims for compensation if a person's rights or property are harmed.

If the harm is criminalized in legislation or case law, Criminal law offers means by which the state can prosecute the perpetrator.

Constitutional law provides a framework for the creation of law, the protection of human rights and the election of political representatives.

Administrative law is used to review the decisions of government agencies, 

International law governs affairs between sovereign states in activities ranging from trade to environmental regulation or military action.

Legal systems elaborate rights and responsibilities in a variety of ways. Law provides a rich source of scholarly inquiry, into legal history, philosophy, economic analysis or sociology. Law also raises important and complex issues concerning equality, fairness and justice. 

In a typical democracy, the central institutions for interpreting and creating law are the three main branches of government, namely an impartial judiciary, a democratic legislature, and an accountable executive.