law

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Law
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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 so
  ciety 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.

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Advantages of laws

• Protection against violence
• Getting rid of child labor
• Promoting common good
• Protection of property
• Progression of society

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Types of laws

• Civil law
• Maritime law
• Commercial law
• Property law
• Insurance law
• Banking and finance law etc

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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

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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.

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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. 

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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 underl
  ies 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.

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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.

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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.

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Thank you
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