A law is a set of rules that governs the behavior of an entity such as a city, state or country. Generally these rules are based on custom or are established by statute.
The most important function of a law is to protect individuals from legal malpractice and to resolve disputes.
The law also plays a role in business and commerce.
A good example of a law in the real world is the laws governing patents and trademarks.
In the United States, a patent is a legal right given to an individual or group of people to use another person’s invention or property for a certain period of time.
The laws governing copyrights are similar.
In the UK, a copyright is a legally binding agreement between two parties to use each other’s work for a certain period of time.
The most important function of a law in the United States is to protect individuals from legal malpractice and to settle disputes.
The law also plays a role in business, commerce and politics.