Law is the set of rules that govern the conduct of people and organizations. It is often regarded as a science and an art of justice. In many countries, laws are made by the government or by independent regulating bodies. Some examples of state-enforced law include banking laws that set minimum capital standards for banks and regulate other industries. Private individuals may also create arbitration agreements and contracts that are legally binding.
The law is also used in situations involving children. Paternity is an important issue in these situations, as it permanently establishes the father of a child. Other applications to family courts involve legal and physical custody, visitation schedules, and child support. The law can also be used to protect victims of domestic violence.
Law influences nearly every aspect of our lives. There are three main types: civil, administrative, and criminal. Each category focuses on a different aspect of society. Depending on the area of study, there may be a variety of branches of law. One branch focuses on individual employment rights, while another focuses on the rights of the working population.
Another branch of law concerns property. Personal property, also known as admiralty law, refers to movable and intangible objects. A person’s right to a specific piece of property is called a right in rem. An individual may also be entitled to compensation if another person misappropriates his or her property. In addition, property law concerns mortgages, rental agreements, and covenants. Statutory land registration systems protect property rights.