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These interests could be domestic, societal, cultural, economic and political. However, if this pursuance of interests is not governed by agreed upon conventions, precedents, rules and regulations, the society will unexceptionally end up being subject to anarchy and disorder. Hence, it is the institution of law that ushers in decorum into the personal or collective pursuance of interests, thereby ushering in a sense of order that nourishes society and extends to it a chance to get organized and fair.
Besides, for any society to work in an ordered manner, it is essential that its affiliates uphold the social norms in all the spheres of their life. Though most of the people living in a society are conversant with the social norms cherished by it, still there will always be a substantial proportion of people who will evince a predilection to negate social norms and understanding in the pursuance of personal satisfaction. So, law is one viable social instrument that could be relied upon to make people stick to relevant social norms (Tamanaha, 1999, p. 250). In that context law stands to be an upholder and protector of social norms and expectations.
Codified law makes it amply clear to the people as to which acts pursued by them stand to be acceptable and which ones are illegal and reprehensible. It is also a known fact that disputes tend to be an integral aspect of social, cultural, political and economic interactions. Again it is the law that facilitates methodical procedures for the resolution of disputes. Law also brings in a sense of certainty and stability into any society’s social, cultural, economic and political life, thereby allowing for a scope for growth and development.
However, it does not mean that law stands to be a static and vegetative institution. Law does allow for change and also assures that the requisite change is accomplished in an organized and stable manner. It is only law that assures just and fair societies which not only serve a privileged few, but rather look after the interests of the aggrieved, weaker and sidelined sections of the society. Law also helps the societies to arrive at and maintain a delicate balance between the powers of the state and the rights of the individuals and groups (Commerce Powers, 2012).
Law also makes way for the establishment and execution of the requisite penalties in the instances of the breach of law. Hence, it would not be wrong to say that law is one salient and essential social pillar. In the free market economies, the rules and regulations sanctified by the business law do play an important part in ensuring the right business environment. Again, as already mentioned, in the sphere of business also, law helps in a pragmatic resolution of disputes between two or more business entities (Strier, 1994, p. 193). In business, it is again the law that sets the standards of acceptable behavior for the businesses and firms.
It also needs to be mentioned that law protects the national and global business environment from being manipulated by a powerful few, by being a protector of ethics and morals (Commerce Powers, 2012). Personally speaking, my role as a professional field service technician is subject to many legal norms and regulations. While serving my customers, it is imperative for me to assure that the services rendered by me happen to be as per the standards, criteria, and safety features set by the related federal and state rules and regula
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