Week One

The role of law and in business plays a large part in our everyday lives that we sometimes overlook. According to Melvin (2011), “law is a body of rules of action or conduct prescribed by controlling authority, and having legal binding force”. The purpose of law is so keep social justice and to help maintain peace, by solving disputes. Czaja (2013), states that “Laws also facilitate orderly change by spelling out acceptable processes for instituting change. Constitutional laws outline what governments can and cannot do”.

Civil and Criminal, substantive and procedural, and public and private laws are what the roles of laws are classified as. Compensation for businesses or society due to damages or losses from another’s conduct is what Civil laws are for (Melvin, 2011). Protection of one’s self or property falls under criminal laws. Such as theft, murder, and domestic violence. Melvin (2011), states that “Violation of criminal laws can result in the form of penalties such as fines or imprisonment, or both. Substantive laws provide individuals with rights and create certain duties while procedural laws provide a structure and set out rules for pursuing substantive rights.” Laws formed through the government are Public laws. This includes executive, administrative, and legislative. An agreement, or mostly known contract between two parties, are known as Private laws. If one was to violate the contract, it would break the private law.

There are many reasons we have laws in businesses. Some reasons include peacekeeping, facilitating planning and the realization of reasonable expectations, checking government power and promoting personal freedom, promoting economic growth through free competition, promoting social justice, and protectin...

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...trying to provide for their family. Another example we had was when someone broke in to one of our stores and damaged and stole property. The tort law was used through the insurance company to provide reimbursement. Criminal law was used to find the perpetrator and to punish him with three years in prison and a hefty fine. If these laws were not in place that criminal would have hit another business, without fear. Our company would have lost a lot of money that could have potentially closed the store down, causing people to lose their job.

In conclusion, laws are put in place so that a society to run efficiently. They help control behavior and actions. The laws tell you what is right and what is wrong. They provide ethical and moral standards. According to Czaja (2013), “The main function and role of law is to maintain peace, personal freedom and social justice.”