of rules and guidelines which are enforced through social
institution
s to govern behavior, wherever possible. It shapes politics
, economics
and society
in numerous ways and serves as a social mediator of 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
.
The one great principle of the English law is, to make business for itself.
The rule of law can be wiped out in one misguided, however will-intentioned generation. And if that should happen, it could take a century of striving and ordeal to restore it, and then only at the cost of the lives of many good men and women.
The law is a sort of hocus-pocus science, that smiles in yer face while it picks yer pocket; and the glorious uncertainty of it is of mair use to the professors than the justice of it.
Laws, in their most general signification, are the necessary relations derived from the nature of things.
If one were to pass a law limiting holistic physicians to a single holistic method, I would stick with my dentist.
As Bob Dylan forgot to say, "To live outside the law, you must be lucky."
Necessity creates the law,—it supersedes rules; and whatever is reasonable and just in such cases is likewise legal.
Quædam iura non scripta, sed omnibus scriptis certiora sunt.
We must not make a scarecrow of the law,Setting it up to fear the birds of prey,And let it keep one shape, till custom make itTheir perch and not their terror.