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Your Essential Guide to Law Terminologies A lot of people have different viewpoints when you talk about the term ‘law’. Yet, if you have come to this article, then you might want to know some things about this term. The first thing that you have to know about the term ‘law’ is that it is a set of rules that regulate the entire community and its people. 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. Because of the fact that law is a broad concept, it is being divided into different facets so as to cater to the particular needs of the people. Here are some of the most common kinds of law that you will get to encounter in your 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. When the other party will not meet the terms stipulated in the contract, then they are in the situation of contract breach.
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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. If you are struggling to take ownership of a land or property, then this law can help you, and at the same time, this law also guarantees that no person can take your property away from you just as long as you are within the laws stipulated regarding your property. Trust law: This type of law determines the right of another person or group of people to own something that the other person has legally given them. 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: In dealing with the citizens and most especially their rights, this is the law that has to do with it. There are times where certain issues arise that are not too clear which law they belong to, and this is where this law happens where a judge will have to decide what happens on a particular issue that is not guided by any law. 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. This type of law has piqued the interest among a lot of people because of what they see on the media. Constitutional law: This law comprises the basic laws that govern the nation as a whole and its politics.