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Definitions of Law
In simple terms, Law is a system of rules, usually enforced through a set of institutions. An institution is a formal organization of government and public service.
The Greek Philosopher, Aristotle said "The rule of law is better than the rule of any individual".
Merriam-Webster dictionary defines law as "a binding custom or practice of a community : a rule of conduct or action prescribed or formally recognized as binding or enforced by a controlling authority".
Law is an instrument, which regulates human conduct or behavior. The State, with the help of law, maintains law and order and ensures peace and social security.
Law can be briefly categorized into the follow.
Constitutional Law provides the framework for the creation of law.
Contract Law is the branch of law that studies the rights and obligations of parties entering into contracts. A contract is an exchange of promises with a specific remedy for breach.
Property Law defines rights and obligations related to transfer and title of property. The property can be either personal property or real property.
The Trust Law applies to assets held for investment and financial security. Trust is a relationship whereby property is managed by one personal for the benefit of another.
Law of Torts
Tort Law deals with claims for compensation if a person's rights or property are harmed.
Administrative Law is used to review the decisions made by government agencies.
International Law deals with the affairs between nations.