Law is the set of rules created and enforced by social or governmental institutions to regulate behavior. Its precise definition is a matter of longstanding debate, and it has been variously described as a science and as the art of justice.
Law applies to all aspects of human activity. In modern societies it is a complex and varied collection of rules, regulations, and procedures. It covers a wide variety of subjects, from the contracts that govern business transactions to the penalties imposed on criminals. In the United States, the laws of a state or country are often codified in the form of statutes, which must be passed by the legislature before becoming effective. Statutes are drafted after extensive studies and hearings that may last for years. The United States Code contains a compilation of the general and permanent laws of the United States and is updated each year with new enactments.
The purpose of Law is to regulate human behaviour and to provide a framework for society to function properly. It achieves its purpose by establishing standards, maintaining order, resolving disputes, and protecting liberties and rights. It also serves other purposes, including imposing social restrictions and regulating economic activities.
The advantages of law include the uniformity and certainty it provides. It prevents arbitrary and biased decisions by judges because the decision making process is based on fixed principles. It also ensures that the interests of all parties are taken into consideration.