Question: Please asap i have only 1 hour answer in your own terms SUBJECT: Legal Environment of Business How would you define law, in your own

Please asap i have only 1 hour answer in your own terms

SUBJECT: Legal Environment of Business

How would you define law, in your own terms? Give a definition of law that you create after reading the chapter. Also, state what you believe should be the primary purpose of the law.

CHAPTER:

Please asap i have only 1 hour answer in your own

What is Law? 1.1 Define law. The law consists of rules that regulate the conduct of individuals, businesses, and other organizations in society. It is intended to protect persons and their property against unwanted interference from others. In other words, the law forbids persons from engaging in certain undesirable activities. Consider the following passage: Hardly anyone living in a civilized society has not at some time been told to do something or to refrain from doing something, because there is a law requiring it, or because it is against the law. What do we mean when we say such things? At the end of the 18th century, Immanuel Kant wrote of the question "What is law?" that it "may be said to be about as embarrassing to the jurist as the well-known question What is truth?" is to the logician. "" A lawyer without history or literature is a mechanic, a mere working mason: if he possesses some knowledge of these, he may venture to call himself an architect. Sir Walter Scott Guy Mannering, Ch. 37 (1815) Definition of Law The concept of law is broad. Although it is difficult to state a precise definition, Black's Law Dictionary gives one that is sufficient for this text: Law, in its generic sense, is a body of rules of action or conduct prescribed by controlling authority, and having binding legal force. That which must be obeyed and followed by citizens subject to sanctions or legal consequences is a law

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