Role and Function of Law
Law is an essential part of business and society. The definition of law is, “Any system of regulations to govern the conduct of the people of a community, society or nation, in response to the need for regularity, consistency and justice based upon collective human experience” (ALM, 2013, P. 1). There are four common types of law constitutional law, statutory law, common law, and administrative law. Each of these four types plays a different role in the regulation of business and society. In addition to the types there are also three common categories of law criminal and civil, substantive and procedural, and public and private laws. Law is an integral part of the present-day workplace and affects the decisions management and leaders make.
Function and Role of Law
Law is an integral part of what allows business and society to be successful. Societies use law to keep the peace, enforce standards of conduct, maintain order, facilitate planning, and promote social justice (Barnes, Dworkin, & Richards, 2011). Chaos would reign supreme without laws to guide decisions. The United States law is a complex system broken down by types and categories.
Types of Law
The four common types of law each have a different purpose. Constitutional law deals with the interpretation and implantation of federal and state constitutions, the Constitution is the highest form of the law. Laws must agree with the Constitution or they are unconstitutional and not upheld in federal court. The Constitution is amended only in extraordinary and extreme cases. Statutory law is written by the legislative branch and approved by the executive branch of government. Statutes at the local level are known as ordinances. Court systems des...
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... in commonplace business and societal life. The law provides regulations and guidelines. These regulations and guidelines are necessary for a successful society. Rules, enforcement, and consequences are necessary for a business or society to function. Each type and category of law work together to create the legal system that governs neighborhoods, businesses, and governments.
Works Cited
ALM. (2013). Law. Retrieved from http://dictionary.law.com/Default.aspx?selected=1111
Barnes, J., Dworkin, T., & Richards, E. (2011). Law for business (11th ed.). New York, NY: McGraw-Hill.
John Willey and Sons INC.. (2013). Sarbanes-Oxley for dummies. Retrieved from http://www.dummies.com/how-to/content/sarbanesoxley-for-dummies-cheat-sheet.html
Melvin, S. P. (2011). The legal environment of business: A managerial approach: Theory to practice. New York, NY: McGraw-Hill/Irwin.
laws is to keep the bad things out from the old society out such as
Sweeney, B, O'Reilly, J & Coleman, A 2013, Law in Commerce, 5th edition, Lexis Nexis, Australia.
Common Law vs. Political Law vs. Scientific Law Americans are no longer aware that there are two kinds of legal systems, political and scientific. America was founded on principles of scientific law. But these principles have now been submerged in today's legal system. What is taught today as law is political law. To understand the difference between a scientific legal system and a political one, it is necessary to know that scientific law developed in the absence of any legislature or Congress or Parliament whatever.
Moran, J. J. (2008). Employment law: New challenges in the business environment. New Jersey: Pearson Prentice Hall.
Case law/Common law – body of law developed over time by higher courts. Laws are c...
... law protects individuals’ rights and liberties from the government of states. It can also protect businesses’ property rights and the rights of their employees.
Kubasek, N., Brennan, B., & Browne, M. (2012). The legal environment of business: A critical thinking approach (6th ed.). Upper Saddle River, NJ: Pearson Education.
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