Understanding the Basics of Law


Law serves various purposes: to maintain peace and stability within a nation, to protect minorities from majorities, to protect individual rights, to promote social justice, and to achieve orderly social change. Some legal systems are better suited to these purposes than others. For example, authoritarian governments frequently use law to oppress political opponents and minorities, while imperialism uses law to create empires.

Natural law theory of law

A natural law theory of law accepts that law is a social fact, derived from human behavior. A natural law theory rejects the idea that laws are morally arbitrary or value-free, and instead accepts the concept that law is a set of reasons. As such, natural law theories hold that moral rules can be legally binding.

Overlap Thesis

The Overlap Thesis is a central principle of natural law theory, and it can be applied in many different contexts. In general, it states that the concept of law cannot be fully articulated without reference to moral notions. But there are many different interpretations of the theory and its implications.

Separability Thesis

The Separability Thesis in law asserts that law and morality are conceptually separate. There are many ways to interpret this statement, and one of the most common ways is as a denial of the necessity of moral considerations in the definition of law.

Social fact theory

Social fact theory in law considers the impact of society’s social structures on individual behavior. Specifically, it identifies social facts, which regulate and constrain individual behavior. These social facts may be enforced through laws, and they may be associated with sanctions and penalties. Individuals who deviate from social facts often face disapproval from other individuals. However, individuals may not even be aware of social facts; they simply accept the values of their society.

Conventionality theory

The doctrine of conventionality control was created by the Inter-American Court of Human Rights (IACHR) to increase the effectiveness and compliance with the American Convention on Human Rights (ACHR). The ACHR is an international treaty, and all state parties are under an obligation to interpret domestic law in accordance with its provisions. This book explores the theory of conventionality control from an analytical, normative, and critical perspective.

Banking and finance law

Banking and finance law is a branch of law that focuses on the regulation of financial institutions. These laws regulate lending and depositing money, as well as tax matters. These laws also play an important role in the mergers and acquisitions of corporations. They can also have a big impact on the purchase or sale of stocks and investments.