Functions of Law
Law is a system of rules created and enforced by social or governmental institutions to regulate behavior. These rules can be made by a collective legislature, resulting in statutes, or they may be established through precedent by courts (in common law jurisdictions). They can also be created by private individuals through contracts and agreements. The study of these laws is called jurisprudence.
One of the main functions of law is to protect the rights and property of citizens. Another is to provide a way to resolve disputes. For example, if two people claim the same piece of land, they can turn to the courts for help. The court will decide who owns the land and how to resolve the dispute peacefully.
Disputes can be resolved through a number of ways, including mediation and arbitration. The courts can also award compensation to a plaintiff if he or she wins a lawsuit. The courts can also issue an injunction or restraining order to prevent a person from doing something that could cause irreparable harm. Those who are found guilty of a crime can be sentenced to prison or fined.
A court’s decision can be based on its own precedent, the decisions of other courts that have decided similar cases, or a set of guidelines. Some precedent is binding, which means that the current court must follow it unless it can show that the earlier case was wrongly decided or the facts or issues are significantly different. There are also nonbinding precedents that influence a court’s decision but do not have to be followed.