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Introduction to Law

Corporate Law (MGT 612) VU Copyright Virtual University of Pakistan 1 Lecture 1 Introduction to Law What is Law ? To answer the question, the following definitions are discussed:- Austin s definition of law John Austin is a renowned British jurist of 19th Century. He published extensively on the philosophy of law. He was Professor of Jurisprudence in the University of London (now University College London) 1826-33. His book: The Province of Jurisprudence determined was very popular. He gives the following definition of law: Law is the command of the sovereign Command (Order) Sovereign (Ruler) Thus it may be stated that law is the order of the ruler.

About common law it is also said that: “Common law is the experience expressed in law”. 2. Equity Law Equity is not part of the law, but a moral virtue, which qualifies moderates and reforms the rigor, hardness and edge of the Common law. Moral (=ethical) Virtue (=good quality) Qualify (=succeeds) Moderate (=modest) Reform (=restructure)

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Transcription of Introduction to Law

1 Corporate Law (MGT 612) VU Copyright Virtual University of Pakistan 1 Lecture 1 Introduction to Law What is Law ? To answer the question, the following definitions are discussed:- Austin s definition of law John Austin is a renowned British jurist of 19th Century. He published extensively on the philosophy of law. He was Professor of Jurisprudence in the University of London (now University College London) 1826-33. His book: The Province of Jurisprudence determined was very popular. He gives the following definition of law: Law is the command of the sovereign Command (Order) Sovereign (Ruler) Thus it may be stated that law is the order of the ruler.

2 Simple definition of law Law is the right of one, obligation of the other, maintained by law enforcing authority Right (Sheltered and recognized interest) Obligation (Duty) Maintained (Managed) Enforcing authority (Implementing power) Thus it may be stated that law is the sheltered and recognized interest of one, duty of the other managed and controlled by law implementing power. Additional information Kinds of sovereign: De-jure sovereign (Constitutional ruler) De-facto sovereign (Unconstitutional ruler) Aristotle defines constitution as, A constitution denotes not only an arrangement of office, but, a manner of life.

3 Aristotle s definition of law Law is the experience, developed by reason and reason, tested by experience . Experience (=Knowledge) Reason (= Rationale) Tested (=Checked) Thus it may be stated that law is the knowledge, developed by rationale and rationale, checked by knowledge. Corporate Law (MGT 612) VU Copyright Virtual University of Pakistan 2 Relevant Quotation: Experience is a very hard teacher she gives the test first, the lesson afterwards . Classical definition of law Law is the dispassionate reason and its content is the same as that of morality.

4 Dispassionate (=Unemotional) Reason (= Rationale) Content (=Substance Why laws are made? Laws are made to regulate human actions. Advantage of law The supreme advantage of law is peace and harmony. Law governs both the ruler and the ruled. What is justice? Justice means every man given his legal right. Relevant quote on relationship of law and justice: Justice is an ideal like truth just as a sculptor tries to achieve beauty with his mallet and chisel, so law is the tool of a judge in the pursuit of justice. Ideal (Model) Beauty (Splendor or Prettiness) Mallet (Hammer) Chisel (Shape) Tool (Instrument) Pursuit (Search) Thus justice is a model like truth just as a sculptor tries to achieve prettiness with his hammer and a shape so law is the instrument of a judge in the search of justice.)

5 What are the kinds of justice? Justice is of two kinds: Natural justice Legal justice Natural justice deals with the enforcement of rights and punishments of wrongs according to moral standards as appeal to the mind of human being. It stands independent of recognition by state. Legal justice denotes justice according to what the law declares to be just (=right). Legal justice may be divided in to the following kinds: a. Private justice b. Public justice a. Private or personal justice is what the person whose right is violated wants from the counter party.

6 Corporate Law (MGT 612) VU Copyright Virtual University of Pakistan 3 b. Public or community justice is what a plaintiff demands and receives from the community through court if his counter parties have denied him personal justice. Private Justice is the object for which the public justice exists. (a) Civil justice (b) Criminal justice The two kinds of public justice can be well understood by understanding their points of difference: Sr. Points of Difference Civil Justice Criminal Justice 1 Nature of Wrong Wrong (breach of one s legal duty) Nature (Character) Civil justice is dispensed for private wrongs.

7 Private wrong (breach of right of individual) Dispense (to give out) Criminal justice is dispensed for public wrongs. Public wrong (breach of right of community) Dispense (to give out) 2 Purpose The purpose of civil justice is to compensate the aggrieved party. Compensate (Reimburse) The purpose of criminal justice is to punish the offenders Offenders (Wrong doers) Punish (=Penalize) 3 Procedure For civil justice civil procedure is adopted. For criminal justice criminal procedure is adopted. 4 Nature of Court Civil justice is administered by Civil Courts.

8 Criminal justice is administered by Criminal Courts. 5 Degree of Harmfulness Civil wrongs are relatively less harmful for the society. Criminal wrongs are relatively more harmful for the society. 6 Style of Titling Civil cases are titled as Bashier versus Nazier Criminal cases are titled as State versus Bashier 7 Relevant Procedural Code The relevant procedural Code is The Civil Procedure Code, 1908. The relevant procedural code is The Criminal Procedure Code, 1898. 8 Prosecution In civil justice, government does not prosecute the case. In criminal justice, government prosecutes the case.

9 9 Measuring the liability In civil cases in determining the liability, the following factors are irrelevant: (1) Motive (2) Intention (3) Magnitude of the offense (4) Character of the offender. Criminal liability is measured by keeping the following in view: (1) Motive (2) Intention (3) Magnitude of the offense (4) Character of the offender. Corporate Law (MGT 612) VU Copyright Virtual University of Pakistan 4 Who makes laws? Laws are made by super human wisdom. In modern political state they are made by Parliament. What is Parliament? The Supreme legislative body of a country is called Parliament.

10 The parliament of Pakistan consists of National Assembly, Senate and President. Concept of supreme law (A Latin Physiology about law) Salus est poupli suprema lex (Latin Maxim) Salus (Welfare) est (is) Populi (People) Suprema (Supreme) Lex (Law) Thus it means welfare of people is the supreme law. What law is considered effective law? Law that has the following characteristics is known as effective law: Issued by the un-commanded commander the sovereign; The commands are backed by threats of sanctions; and The sovereign is habitually obeyed. Some important quotations relating law: United States is the greatest law making factory the world has ever known.


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