Law is a set of rules enforceable through social institutions. These rules are designed to protect people’s rights and ensure their property. They are enacted by the legislative, executive and judicial branches of government. There are also laws created by private individuals. This includes employment law, family law and business agreements.

In general, laws should operate in a fair and unbiased manner. They should be easy to understand and apply. Furthermore, the process of lawmaking should be fair, efficient and accessible to ordinary members of the public. Laws should be intelligible, and they should be promulgated well in advance of individual responsibility.

The concept of the Rule of Law has been a fundamental ideal in political thought for millennia. Arguments over the Rule of Law continued throughout the early modern period and through the European Enlightenment. Although the Rule of Law is a purely formal concept, it is often accompanied by substantive ideals that reflect certain substantive values.

A rule of law is a set of norms enacted by the governmental, political and economic institutions of a society. It is a system of public knowledge, enacted by the legislative and judicial branches of government and enforceable by social institutions. When it is enforced, it binds individual rights and makes power less peremptory and more predictable.

In common law legal systems, the doctrine of precedent binds decisions made by the higher courts to the lower courts. Similarly, the Quran acts as a source of further law through interpretation and reasoning by analogy. Other sources of law include Jewish Halakha, Islamic Sharia, and Qiyas.

However, the term “law” has come to mean different things in different cultures. While legality is the basis of a rule of law, the concept of justice has been questioned. Some argue that there should be greater diversity among the judging class. Others believe that judges should be more objective.

As a form of social rule, the law has the authority to shape history and economics. It also provides people with procedural and property rights. It is generally regarded as a profession, and is therefore important for access to justice.

In modern times, law has become technical and elaborative. The concept of “natural law” has reemerged in mainstream culture through the writings of Thomas Aquinas. In contrast, modern legal pragmatists have placed less faith in the application of rules and more in the insight of judges.

The study of law is a wide and diverse field that covers many areas of human interaction. For example, in commercial law, transactions such as banking, insurance, and sales are considered. Meanwhile, labour law deals with collective bargaining regulation. Also, immigration law deals with rights of foreigners to work in a nation-state.

In addition to being a means of ensuring human rights and property, law has been referred to as an art of justice. Legal professionals are important in ensuring people’s right to a fair trial and a fair resolution of their disputes. People can also internalize laws, so they can rely on them to guide their behavior.