Exploring the Legal Framework for Trade Agreements

Definition Of Law, Its Kind And Classification

It also serves a regulatory operate by setting requirements of conduct and deterring dangerous behaviour. Furthermore, tort law reflects and upholds societal values by recognising and remedying instances of injustice. Unlike criminal law, which offers with offences towards the state, tort law addresses wrongs which would Law News possibly be personal in nature. It is designed not to punish the wrongdoer however to compensate the victim for their losses and restore them, as much as attainable, to the position they were in earlier than the harm occurred.