Law

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Law is a system of rules, usually enforced through a set of institutions. It shapes politics, economics and society in numerous ways and serves as a primary social mediator in relations between people. 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 criminalised in penal code, 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, while international law governs affairs between sovereign nation states in activities ranging from trade to environmental regulation or military action. Writing in 350 BC, the Greek philosopher Aristotle declared, "The rule of law is better than the rule of any individual."

Legal systems elaborate rights and responsibilities in a variety of ways. A general distinction can be made between civil law jurisdictions, which codify their laws, and common law systems, where judge made law is not consolidated. In some countries, religion still informs the law. Law provides a rich source of scholarly inquiry, such as legal history and philosophy, or social scientific perspectives such as economic analysis of law or the sociology of law. The study of law raises important and complex issues concerning equality, fairness, liberty and justice. "In its majestic equality", said the author Anatole France in 1894, "the law forbids rich and poor alike to sleep under bridges, beg in the streets and steal loaves of bread." 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. To implement and enforce the law and provide services to the public, a government's bureaucracy, the military and police are vital. While all these organs of the state are creatures created and bound by law, an independent legal profession and a vibrant civil society inform and support their progress.

For more information about Law, read the full article at Wikipedia.
This text uses material from Wikipedia and is available under the GNU Free Documentation License.


News tagged with law

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New Digital 'Electronics' Concept May Continue Moore's Law

New Digital 'Electronics' Concept May Continue Moore's Law

Nanotechnology / Nanophysics

created Nov 05, 2009 | popularity 4.6 / 5 (76) | comments 12

(PhysOrg.com) -- Computers of the future could be operating not on electrons, but on tiny waves traveling through an electron "fluid," if a new proposal is successful. The new circuit design, recently introduced ...


Second Law of Thermodynamics May Explain Economic Evolution

Second Law of Thermodynamics May Explain Economic Evolution

Physics / General Physics

created Nov 02, 2009 | popularity 4.3 / 5 (34) | comments 30

(PhysOrg.com) -- Terms such as the "invisible hand," laissez-faire policy, and free-market principles suggest that economic growth and decline in capitalist societies seem to be somehow self-regulated. Now, ...


Physicist Proposes Solution to Arrow-of-Time Paradox

Physicist Proposes Solution to Arrow-of-Time Paradox

Physics / General Physics

created Aug 27, 2009 | popularity 4.2 / 5 (74) | comments 108

(PhysOrg.com) -- Entropy can decrease, according to a new proposal - but the process would destroy any evidence of its existence, and erase any memory an observer might have of it. It sounds like the plot ...


New Law of Physics Could Explain Quantum Mysteries

New Law of Physics Could Explain Quantum Mysteries

Physics / Quantum Physics

created Aug 17, 2009 | popularity 4.5 / 5 (98) | comments 163

(PhysOrg.com) -- Since the early days of quantum mechanics, scientists have been trying to understand the many strange implications of the theory: superpositions, wave-particle duality, and the observer’s ...


Could Maxwell's Demon Exist in Nanoscale Systems?

Could Maxwell's Demon Exist in Nanoscale Systems?

Physics / General Physics

created Jun 24, 2009 | popularity 4.4 / 5 (18) | comments 30

(PhysOrg.com) -- Maxwell’s demon may be making a comeback. Physicists know that the demon, an imaginary creature that decreases the entropy of a system, cannot exist in macroscopic systems due to the energy ...


Map of Internet

Internet Growth Follows Moore's Law Too

Physics / General Physics

created Jan 14, 2009 | popularity 4.3 / 5 (24) | comments 11

(PhysOrg.com) -- Originally, Moore’s Law described the number of transistors that can fit on an integrated circuit, which doubles approximately every 18 months. Now, a team of researchers from China has discovered ...


Linux Evolution Reveals Origins of Curious Mathematical Phenomenon

Linux Evolution Reveals Origins of Curious Mathematical Phenomenon

Physics / General Physics

created Dec 01, 2008 | popularity 4.2 / 5 (119) | comments 16

(PhysOrg.com) -- Zipf’s law is a testament to the order in our world, showing that the same patterns emerge in a wide variety of situations. The linguist George Kingsley Zipf first proposed the law in 1949, ...


Eureqa, the robot scientist

Eureqa, the robot scientist (w/ Video)

Technology / Computer Sciences

created Dec 07, 2009 | popularity 4.9 / 5 (15) | comments 2

(PhysOrg.com) -- A new program, Eureqa, takes raw data and formulates scientific laws to suit, and it is available by free download to all scientists.


Intel settles AMD claims but isn't off the hook (AP)

Intel settles AMD claims but isn't off the hook

Technology / Business

created Nov 12, 2009 | popularity 4.3 / 5 (9) | comments 4

(AP) -- Intel Corp. is paying Silicon Valley rival Advanced Micro Devices Inc. $1.25 billion to squash a legal battle over Intel's sales tactics, a rift that led to antitrust charges against Intel in several ...


Congress weighs landmark change in Web ad privacy

Technology / Internet

created Sep 07, 2009 | popularity 4.7 / 5 (3) | comments 6

(AP) -- The Web sites we visit, the online links we click, the search queries we conduct, the products we put in virtual shopping carts, the personal details we reveal on social networking pages - all of this can give companies ...


Breaking the Planck's law, at the nanoscale

Breaking the Planck's law, at the nanoscale

Physics / General Physics

created Jul 29, 2009 | popularity 5 / 5 (25) | comments 11

(PhysOrg.com) -- A well-established physical law describes the transfer of heat between two objects, but some physicists have long predicted that the law should break down when the objects are very close together. ...


UQ researchers break the law -- of physics

UQ researchers break the law -- of physics

Physics / General Physics

created Jul 06, 2009 | popularity 4.4 / 5 (45) | comments 25

(PhysOrg.com) -- Two UQ Science researchers have proved two famous physical laws that have been widely used for the past 25 years do not always work.


Entropyman

Entropyman.org Explains Why Pots 'Unbreak' on the Nanoscale (Video)

Physics / General Physics

created Feb 16, 2009 | popularity 3 / 5 (4) | comments 6

(PhysOrg.com) -- A man lifts his hand in the air, and broken pieces of ceramic lying on the sidewalk spring up into his hand, coming together to form a flower pot. He lifts his hands again, and more broken ...


Opera logo

Stable Opera 10.10 browser with Unite now available

Technology / Software

created Nov 24, 2009 | popularity 3.6 / 5 (9) | comments 2

(PhysOrg.com) -- The web browser Opera 10.10 has been released as a stable version, and it has a number of new features to enhance the browsing experience, including "Unite", which is a group of applications ...


Google says its news approach is "fully consistent with copyright law"

Google says Murdoch stories can be taken off

Technology / Internet

created Nov 10, 2009 | popularity 3 / 5 (6) | comments 4

Google said on Tuesday, in response to threats by Rupert Murdoch to ban the search engine from listing content from his news empire, that any company could ask to have stories taken off. ...