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Your Essential Guide to Law Terminologies A lot of people have different viewpoints when you talk about the term ‘law’. However, there are some people who want to get a good idea about the concept of law. To begin things, you have to know that law is a system of rules that dictate how a community, state, and its people should live. The law is made by the people and must be enforced throughout the area being presided at all times not just to guarantee that all citizens strictly follow it but also to protect their very own rights. Since people will have different concerns in their everyday lives, the law makes sure to cover all of them by dividing them into different types. Below is a list of some of the many kinds of law that you may encounter in your day to day life.
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Contract law: This law is where terms will have to be agreed upon by two or more parties in the presence of the law, making their agreement legally binding. If one party will deviate from what is stated in the contract that they have signed, then they have just breached the contract that they have made.
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Property law: This type of law ensures to protect the rights of the person regarding the ownership that they have or will have regarding assets, real estate properties, and personal properties. Aside from ensuring ownership of assets, this law will also make sure that no person will be able to take that ownership from you. Trust law: For this kind of law, it deals more with the property or money that one party or person has with the intention of giving it to another person. This law is very helpful in deciding which person or party must assume ownership of something based on what is stipulated in legally binding agreements in the past as there are those that really have no legal right. Tort law: This kind of law deals with the different rights that every citizen must possess. When issues tend to arise that have no clear laws surrounding it, it will be either the judge or the jury who will be deciding the fate of the person that is part of such an issue. Criminal law: This type of law has become very popular because of their constant exposure to the public. This kind of law takes care of the various crimes being committed and what the consequences each of them has. People have made this law popular because it seems that each day, a crime always takes place. Constitutional law: This kind of law deals with the basic laws that help a nation better grow and move forward.