LAW 421 Role and Functions of Law
The Functions and Role of Law in Business and Society
Courtney Cunningham
LAW 421
June 22, 2015
Professor Milton Luoma
The function and Role of Law in Business and Society
What is the meaning of law? If you were to look up the online meaning of law, most likely you will find this definition: “a body of rules of conduct of binding legal force and effect, prescribed, recognized, and enforced by controlling authority”(The Free Dictionary, 2013). Another way of looking at it is a group of rules of actions enforced by authorized groups of people and deemed for punishment if violated. “The most visible purpose or function of law is to provide for some system of order that defines crème and levies punishment for violation of the crime” (Melvin,2011) Law plays a vital part in everyday function of our society. One would say that law is what separates us from being human and animals. Law is created or put in place to protect one’s rights in society and business setting. The laws put in place in our society and businesses regulate the social behavior; which leads into a more functional atmosphere.
Law in Business
Law plays an important role in business. A set of regulations and rules are set in place to serve as quality control. These types of regulations and rules are set up for employees and managers not only for efficient productivity but, also to avoid any legal issues such as sexual harassment or any type of discrimination. “In the United States, lawmakers have increasingly embraced legal mechanism, such as antidiscrimination laws, to help promote equality and justice in society and especially in education and in the workplace” (Melvin, 2011). Businesses also seek legal advice from business laws to protect themselves from any potential liabilities from goods and services. Law in business also regulates the terms and agreements between its employees, customers, and other companies in the form of contracts. Depending on the type of industry certain additional
Courtney Cunningham
LAW 421
June 22, 2015
Professor Milton Luoma
The function and Role of Law in Business and Society
What is the meaning of law? If you were to look up the online meaning of law, most likely you will find this definition: “a body of rules of conduct of binding legal force and effect, prescribed, recognized, and enforced by controlling authority”(The Free Dictionary, 2013). Another way of looking at it is a group of rules of actions enforced by authorized groups of people and deemed for punishment if violated. “The most visible purpose or function of law is to provide for some system of order that defines crème and levies punishment for violation of the crime” (Melvin,2011) Law plays a vital part in everyday function of our society. One would say that law is what separates us from being human and animals. Law is created or put in place to protect one’s rights in society and business setting. The laws put in place in our society and businesses regulate the social behavior; which leads into a more functional atmosphere.
Law in Business
Law plays an important role in business. A set of regulations and rules are set in place to serve as quality control. These types of regulations and rules are set up for employees and managers not only for efficient productivity but, also to avoid any legal issues such as sexual harassment or any type of discrimination. “In the United States, lawmakers have increasingly embraced legal mechanism, such as antidiscrimination laws, to help promote equality and justice in society and especially in education and in the workplace” (Melvin, 2011). Businesses also seek legal advice from business laws to protect themselves from any potential liabilities from goods and services. Law in business also regulates the terms and agreements between its employees, customers, and other companies in the form of contracts. Depending on the type of industry certain additional
Cited: Melvin, S. P. (2011). The legal environment of business: A managerial approach: Theory to practice. New York, NY: McGraw-Hill/Irwin