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Law
Definition of law
 Law is a system of rules that are created and enforced through social or governmental
institutions to regulate behaviour.
 Law is a system that regulates and ensures that individuals or a community adhere to
the will of the state.
 The law shapes politics, economics, history and society in various ways and serves as a
mediator of relations between people.
 Law provides a source of scholarly inquiry into legal history, philosophy, economic
analysis and sociology.
Advantages of laws
 Protection against violence
 Getting rid of child labor
 Promoting common good
 Protection of property
 Progression of society
Types of laws
 Civil law
 Maritime law
 Commercial law
 Property law
 Insurance law
 Banking and finance law etc
Civil law
 Civil law is a legal system originating in Europe, intellectualized within the framework
of Roman law.
 Civil law is the group of legal ideas and systems ultimately derived from the Corpus
Juris Civilis.
 Civil law proceeds from abstractions, formulates general principles, and
distinguishes substantive rules from procedural rules.
 Civil law is often paired with the inquisitorial system, but the terms are not synonymous.
 Civil law is the non-criminal branch of law in a common law legal system
Maritime Law
 Maritime law is also known as Admiralty law
 Maritime law is a body of law that governs nautical issues and private maritime
disputes.
 Maritime law - is a complete system of law, both public and private, substantive and
procedural, national and international, with its own courts and jurisdiction.
 Maritime law is composed of two main parts - national maritime statutes and
international maritime conventions.
Commercial law
 Commercial law, also known as trade law.
 is the body of law that applies to the rights, relations, and conduct of persons and
businesses engaged in commerce, merchandising , trade, and sales
 Commercial lawyers are solicitors who advise companies and governments on
business-related issues.
 Commercial law focuses on the sale and distribution of goods, as well as financing of
certain transactions.
 Commercial law is primarily regulated by the Uniform Commercial Code (UCC), which is
a model set of laws regarding the sales of goods, leases of good, negotiable
instruments, and secured transactions.
Property law
 Property law is the area of law that governs the various forms
of ownership and tenancy in real property and in personal property, within
the common law legal system.
 Property law deals with the relationships between and among members of a society
with respect to things.
 The concept, idea or philosophy of property underlies all property law
 There is a division between movable and immovable property
 Movable property roughly corresponds to personal property, while immovable
property corresponds to real estate or real property, and the associated rights, and
obligations thereon.
Insurance law
 Insurance law is the practice of law surrounding insurance, including insurance
policies and claims.
 Insurance law can be broadly broken into three categories
 regulation of the business of insurance
 regulation of the content of insurance policies, especially with regard to consumer
policies
 regulation of claim handling.
Banking and finance law
 The banking and financial industries are heavily regulated by both state and federal
law.
 These laws impose reporting requirements for banks and other financial institutions,
govern securities and other transactions, and regulate taxes.
 Many people find they need legal help with banking and finance law when forming a
new business. There are many laws, contracts, and regulations that may dictate how
new business spend and account for investment funds.
 That's why many small businesses and startups find they need to hire a lawyer from the
beginning to ensure compliance with all legal rules.
Thank you
Question & Answer

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Law

  • 1. Law
  • 2. Definition of law  Law is a system of rules that are created and enforced through social or governmental institutions to regulate behaviour.  Law is a system that regulates and ensures that individuals or a community adhere to the will of the state.  The law shapes politics, economics, history and society in various ways and serves as a mediator of relations between people.  Law provides a source of scholarly inquiry into legal history, philosophy, economic analysis and sociology.
  • 3. Advantages of laws  Protection against violence  Getting rid of child labor  Promoting common good  Protection of property  Progression of society
  • 4. Types of laws  Civil law  Maritime law  Commercial law  Property law  Insurance law  Banking and finance law etc
  • 5. Civil law  Civil law is a legal system originating in Europe, intellectualized within the framework of Roman law.  Civil law is the group of legal ideas and systems ultimately derived from the Corpus Juris Civilis.  Civil law proceeds from abstractions, formulates general principles, and distinguishes substantive rules from procedural rules.  Civil law is often paired with the inquisitorial system, but the terms are not synonymous.  Civil law is the non-criminal branch of law in a common law legal system
  • 6. Maritime Law  Maritime law is also known as Admiralty law  Maritime law is a body of law that governs nautical issues and private maritime disputes.  Maritime law - is a complete system of law, both public and private, substantive and procedural, national and international, with its own courts and jurisdiction.  Maritime law is composed of two main parts - national maritime statutes and international maritime conventions.
  • 7. Commercial law  Commercial law, also known as trade law.  is the body of law that applies to the rights, relations, and conduct of persons and businesses engaged in commerce, merchandising , trade, and sales  Commercial lawyers are solicitors who advise companies and governments on business-related issues.  Commercial law focuses on the sale and distribution of goods, as well as financing of certain transactions.  Commercial law is primarily regulated by the Uniform Commercial Code (UCC), which is a model set of laws regarding the sales of goods, leases of good, negotiable instruments, and secured transactions.
  • 8. Property law  Property law is the area of law that governs the various forms of ownership and tenancy in real property and in personal property, within the common law legal system.  Property law deals with the relationships between and among members of a society with respect to things.  The concept, idea or philosophy of property underlies all property law  There is a division between movable and immovable property  Movable property roughly corresponds to personal property, while immovable property corresponds to real estate or real property, and the associated rights, and obligations thereon.
  • 9. Insurance law  Insurance law is the practice of law surrounding insurance, including insurance policies and claims.  Insurance law can be broadly broken into three categories  regulation of the business of insurance  regulation of the content of insurance policies, especially with regard to consumer policies  regulation of claim handling.
  • 10. Banking and finance law  The banking and financial industries are heavily regulated by both state and federal law.  These laws impose reporting requirements for banks and other financial institutions, govern securities and other transactions, and regulate taxes.  Many people find they need legal help with banking and finance law when forming a new business. There are many laws, contracts, and regulations that may dictate how new business spend and account for investment funds.  That's why many small businesses and startups find they need to hire a lawyer from the beginning to ensure compliance with all legal rules.