The document discusses the meaning and sources of law. It defines law as a set of official rules and regulations used to govern society. Law is made through the legislature, executive, and judiciary. A bill is a proposal for new legislation that goes through several steps, including introduction in the legislative assembly, scrutiny, and potential amendments before being passed as an act with the governor's assent. Subordinate legislation such as rules and bylaws are issued under powers granted by acts or ordinances. Business law regulates and governs trade and commerce, with sources including inherited British business law, new Pakistani laws, judicial decisions, and trade customs and usages.