3. What is law
o Laws are required in society to regulate the behaviour of individual
,to correspond with what is acceptable to the majority of individuals.
o The law is a set of legal rules that governs the way members of
society act towards one another.
o Law is the potential tools of social change. In fact law and society is
complementary. No society regulate without law. it is essential for up
keeping of peace in the society.
4. What are the purposes of law
Protect basic human rights..
Promote fairness…
Help resolve conflicts…
Promote justice….
Promote order and stability….
Protecting the right of
minorities…
5. Importance of Law
People living an organized society
have to follow certain common rules
and the state has to enforce these
rules.
Law is the sum of these rules which
regulate the life of people.
oherwise, peaceful living is imposile.
6. Business Law
• The business law studies are very important , as it help the
management professionals realizing the business ethics.
• In order to run a proper and authenticated business.This must
be accordance with the law.
• The business law studies are necessary for every management
student whether he want to setup a proper business, or willing
to join a service as a maneger.
7. Branches of Law
• Constitutional law
• Administrative law
• Criminal law
• Civil law
• commercial law