is a system of rules, usually enforced through a set of institutions. It shapes politics, economics and society in numerous
ways and serves as a primary social mediator of relations between people.
law regulates everything from buying a bus ticket to trading on derivatives markets.
Property law defines rights and obligations related to the transfer
and title of personal (often referred to as chattel) and real property.
Trust law applies to assets held for investment and financial security.
Tort law allows claims for compensation if a person's rights or property
are harmed. If the harm is criminalised in a statute, criminal law offers means by which the state can prosecute
Constitutional law provides
a framework for the creation of law, the protection of human rights and the election of political representatives.
Administrative law is used to review the decisions of government agencies,
while international law governs affairs between Sovereign States in activities ranging from trade to environmental
regulation or military action.